What is the PhonePe Transaction Limit Per Day? Check UPI, Wallet, and Bank Transfer Caps Now!

Are you tired of failed payments on PhonePe just when you need them most?

Relax! You're not alone. Every day, thousands of users get stuck, not because of tech glitches—but because they hit transaction limits they didn’t even know existed.

Whether you’re trying to send money via UPI, pay bills from your PhonePe wallet, or transfer funds to a bank account, knowing your daily transaction caps can save your time, relieve you from stress, and reduce failed transactions.

In this guide, you’ll discover:

• PhonePe UPI daily and per transaction limits (2025 updates)
• Bank-specific UPI caps for SBI, HDFC, ICICI, and more
• Wallet loading and spending limits
• How to check and increase your limit
• Alternatives if you hit your cap early in the day

Let’s dive into everything you need to know to avoid transaction failure and manage your payments smarter—today.

Q: Does PhonePe Have Daily Transfer Restrictions?
A: Yes, PhonePe enforces daily transfer limits to comply with regulatory guidelines and ensure user security. These limits vary depending on the transaction type and the user's KYC status.

PhonePe Transaction Limit Per Day

As of 2025, the standard UPI transaction limits on PhonePe are as follows:

• Per Transaction Limit: ₹1,00,000

• Daily Limit: ₹1,00,000

• Number of Transactions per Day: Typically, up to 10 transactions; however, this can vary based on the user's bank.

It's essential to note that these limits can differ depending on the user's bank and KYC status. For instance, some banks might have lower caps or specific restrictions.

Bank-wise PhonePe UPI Transaction Limits

Different banks impose varying UPI transaction limits. Here's a comparison of UPI transaction limits across major Indian banks as of 2025:

Bank Name	Per Transaction Limit	Daily Limit	Max No. of Transactions
SBI	₹1,00,000	₹1,00,000	10
HDFC	₹1,00,000	₹1,00,000	10
ICICI	₹1,00,000	₹1,00,000	20

PhonePe Wallet Limits: Daily and Monthly Caps

PhonePe offers a wallet feature with specific loading and spending limits:

Wallet Loading Limit:

• Without Full KYC: ₹10,000 per month
• With Full KYC: ₹99,999 per month

Wallet Balance Cap: ₹1,00,000 (post-KYC)

Completing the KYC process not only increases your wallet limits but also enhances the security of your transactions.

PhonePe Bank Transfer Limits: How Much Can You Send?

When transferring funds from your bank account via PhonePe:

• UPI Transfers: Adhere to the standard UPI limits mentioned above.

• IMPS/NEFT Options: PhonePe facilitates Immediate Payment Service (IMPS) and National Electronic Funds Transfer (NEFT) transactions. The limits for these services are determined by individual banks.

• Processing Time: UPI and IMPS transactions are typically instantaneous, while NEFT transfers might take longer, depending on bank processing times.

Why Does PhonePe Have Daily Transaction Limits?

The implementation of transaction limits on PhonePe is influenced by several factors:

• NPCI Guidelines: The National Payments Corporation of India (NPCI) sets guidelines to ensure the smooth functioning of digital payment systems.

• RBI Compliance: The Reserve Bank of India (RBI) mandates certain transaction caps to maintain financial stability and security.

• Security and Fraud Prevention: Transaction limits help mitigate potential fraudulent activities and protect user funds.

• Bank-wise Controls: Individual banks may impose specific limits based on their internal policies and risk assessments.

• KYC Status Impact: Users who have completed their KYC enjoy higher transaction limits, as they have provided verified personal information, reducing the risk of fraud.

How to Check Your PhonePe Transaction Limit?

To monitor your transaction limits on PhonePe:

1) Open the PhonePe App: Ensure you're logged in.

2) Navigate to 'My Money': This section provides an overview of your financial activities.

3) Select 'Bank Accounts': Here, you'll see the list of linked bank accounts.

4) Tap on Your Linked Account: Details about your account, including transaction limits, will be displayed.

Regularly checking your transaction limits can help prevent unexpected payment failures.

Also Read - How to Open a PPF Account Online: Step-by-Step Guide

How to Increase Your PhonePe Transaction Limit?

If you wish to enhance your transaction limits:

• Complete KYC Verification: Submit the necessary documents to verify your identity. This process unlocks higher limits and additional features.

• Link Multiple Bank Accounts: Diversifying your transactions across multiple accounts can help manage and potentially increase your overall transaction capacity.

• Contact Your Bank: Some banks may offer personalized solutions to increase your UPI limits upon request.

Common Issues Faced by PhonePe Users

Despite PhonePe’s smooth interface, users often encounter transaction issues due to limit-related restrictions:

1) Exceeded Daily Limit Error: 

If you've already used your daily UPI limit, any further payments will fail until the limit resets.

2) Wallet Balance Insufficient: 

Many users are unaware of their PhonePe Wallet balance cap and loading limits, leading to failed wallet payments.

3) Bank Server Downtime: 

Sometimes, even within limits, transactions fail due to bank downtime or maintenance.

4) KYC Not Completed: 

Non-KYC users face lower wallet limits and cannot increase them without verification.

5) Pending Bank Transfers: 

Transfers via NEFT or IMPS might not reflect immediately, especially outside banking hours.

Alternatives When PhonePe Limits Are Reached

Hit your transaction cap early in the day? Here are quick alternatives to continue payments without hassle:

1. Switch to Other UPI Apps

Apps like Google Pay, Paytm, and BHIM also use UPI but may have separate daily limits depending on your bank and usage.

Comparison Table: PhonePe vs Other UPI Apps

App	Daily UPI Limit	Wallet Limit	Extra Features
PhonePe	₹1,00,000	₹10K (No KYC), ₹1L (KYC)	Recharge, Bill Pay, Gold Investment
Google Pay	₹1,00,000	No Wallet	Fast UPI, Pay via QR, Rewards
Paytm	₹1,00,000	₹10K (No KYC), ₹1L (KYC)	Shopping, Mutual Funds, Insurance
BHIM	₹1,00,000	No Wallet	Direct UPI by NPCI, Simpler Interface

2. Use Your Bank’s Official App or Net Banking

Access IMPS, NEFT, or RTGS through your bank’s app or website. These methods often allow higher limits, especially for NEFT/RTGS.

3. Schedule Payments After Reset Time

PhonePe limits typically reset at midnight. Schedule pending payments for the next day.

    

🔍 PhonePe UPI Limits Summary (2025)

• Per Transaction Limit: ₹1,00,000
• Daily UPI Limit: ₹1,00,000
• Wallet Limit: ₹10,000 (No KYC), ₹1,00,000 (KYC)
• Max Transactions/Day: Typically 10–20 (Bank-specific)

FAQs

1. Can I transfer more than ₹1 lakh per day via PhonePe?

No, the standard UPI daily limit is ₹1,00,000, as per NPCI guidelines. However, some banks might offer higher limits via IMPS or NEFT outside PhonePe.

2. How can I bypass the daily UPI limit on PhonePe?

You cannot bypass NPCI’s UPI limits. However, use multiple UPI apps or your bank’s app for IMPS/NEFT to manage large transactions.

3. Do PhonePe limits reset at midnight?

Yes, daily limits reset at 12:00 AM each day. Transactions attempted post-reset will work within the next day’s limit.

4. Is there a fee for exceeding limits?

No fees are charged. However, transactions exceeding the limit will fail automatically.

5. How to contact PhonePe support?

Use the PhonePe Help Center in the app or visit PhonePe Support for queries.

    To recap, the PhonePe UPI transaction limit per day is ₹1,00,000, with wallet limits depending on your KYC status. Bank-specific limits may differ, so always check both in-app details and your bank’s official website.

Pro Tip: Complete your PhonePe KYC to unlock higher wallet usage and avoid payment failures.

Have a question or tip? Drop it in the comments below—we’d love to hear from you!

Also Read - Who Regulates the Public Provident Fund (PPF)? Everything You Need to Know