Now, pay up to Rs 500 via UPI Lite without PIN; transaction limit raised from Rs 200: RBI
Last Update Date: 29-05-2025
Published by Economic Times
RBI has increased the UPI Lite transaction limit to ₹500, allowing users to make payments without entering a PIN, up from the previous limit of ₹200. UPI Lite offers faster, hassle-free transactions for small-value payments, reducing debit load on core banking systems. Users can load up to ₹2,000 into their UPI Lite wallet from their bank account and enjoy seamless transactions at merchants accepting UPI. This move is expected to boost digital payments and improve transaction efficiency.
Publisher source
Now, pay up to Rs 500 via UPI Lite without PIN; transaction limit raised from Rs 200: RBI