How Many Transactions Limit Per Day in PhonePe?

PhonePe is a popular digital payments platform in India, allowing users to make convenient transactions for various services. However, to ensure safety and comply with regulations, there are certain transaction limits in place.

Phonepe Transaction Limit Per Day

• Daily Limit: The general daily transaction limit on PhonePe is ₹1 lakh.
• Transactions Per Day: You can make a maximum of 10 to 20 transactions per day on PhonePe, depending on your bank’s policies.
• Request Money Limit: You can request up to a maximum of ₹2,000 per transaction on PhonePe.

Factors That Can Influence Limits

• Bank: Your specific bank linked to PhonePe may have its own additional limits that are lower than the standard PhonePe limit.
• KYC Status: Users with full KYC (Know Your Customer) verification typically have higher transaction limits compared to those with minimal KYC.

Reason for Limits

These limits are set in place by PhonePe and banks to ensure the security of your funds and prevent fraudulent activity.

• NPCI Regulations: The National Payments Corporation of India (NPCI) may occasionally propose changes to transaction limits on UPI apps like PhonePe. Keep an eye on news in the Indian digital payments space for potential updates.
• Contact Your Bank: It’s best to contact your bank directly to confirm the specific PhonePe transaction limits that apply to your account.

You can check the transaction limits that apply to your PhonePe account within the app itself or by contacting your bank’s customer support.