Published on Dec 11, 2024
Current Affairs
New UPI Lite Limit 2024
New UPI Lite Limit 2024

❖ RBI has enhanced the transaction threshold for offline digital payments made via UPI Lite.

❖ The per-transaction UPI Lite ceiling has been increased from Rs 500 to Rs 1,000.

❖ The total wallet capacity for the UPI Lite has been expanded from Rs 2,000 to Rs 5,000.

❖ The per-transaction limit in UPI123Pay increased from Rs 5,000 to Rs 10,000.

❖ The UPI Lite enables users to complete low-value purchases without requiring internet connectivity.