The limit for UPI transactions made through QR codes via mobile apps has been increased from ₹1 lakh to ₹5 lakhs. This change will apply to specific transactions such as educational services, hospital payments, tax payments, and government bonds.
The raised limit is effective starting today, allowing users to carry out higher-value transactions conveniently using UPI. This step is aimed at enhancing the utility of UPI for users and streamlining large transactions.
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