PhonePe Transaction Limit Per Day in Indian Banks, 2025: How Much Money Can You Transfer?

PhonePe is a popular digital payment app in India. It allows sending and receiving money via UPI. Each local bank sets its own daily limits for transactions that you should be aware of. In this article, you will discover recent limits for major Indian banks.

What Is the PhonePe Transaction Limit Per Day?

When using PhonePe payment gateway, the limit of ₹1 lakh applies. In total, 20 transactions are allowed per day. On average, users may transfer up to INR 100,000 across 20 payments. These limits are general for all Indian banks. However, some banks can allow you to increase your limits, have lower individual limits, or have specific restrictions.

PhonePe Transaction Limits for Different Banks

Most Indian banks impose maximum limits of INR 1 lakh per day. However, some banks may enforce lower limits. For example, ICICI allows only INR 10,000. Below, you can check how limits may vary in different banks and for different types of PhonePe accounts.

SBI, HDFC, ICICI, Axis & More

Here are the maximum amounts in the most popular Indian banks:

• SBI and HDFC ‒ INR 1 lakh daily;
• Axis Bank ‒ INR 1 lakh daily;
• ICICI Bank ‒ INR 10,000 per day.

These are the most popular examples. However, some smaller banks like Kotak Mahindra and Bank of Baroda have average limits of around INR 50,000. 

UPI Daily Limits by Bank

Daily PhonePe limits for UPI typically follow the NPCI standard of INR 1 lakh. But some differences remain:

• ICICI ‒ INR 10,000 per day;
• Kotak, BofB, Central Bank ‒ around INR 50,000 per day;
• Other regional banks ‒ INR 20,000 - 25,000 per day.

Now you know the limits and can plan your transactions based on your bank terms.

Wallet vs Bank Transfer Limits

PhonePe limits per transaction also vary between e-wallets and UPI wire transfer. PhonePe daily limit in SBI also changes depending on the level of account verification:

So, the PhonePe transfer limits for wallet require KYC. At the same time, wire transfer allows INR 1 lakh for a calendar date regardless of verification.

Daily Transfer Limit for PhonePe Wallet

Restrictions for using PhonePe depend on your KYC verification level. Minimum KYC has lower caps. However, completing the full KYC procedure allows users to increase their limits. Knowing the PhonePe rules will help you to plan transactions and comply with regulations.

Money Transfer Limit via Wallet

Passing the basic KYC procedure allows you to transfer up to INR 10,000. But the comprehensive verification raises boundaries to up to INR 400,000. These limitations are active for person to person transactions via electronic wallets or bank accounts.

Transfer Limit for Wallet to Bank

You can transfer up to INR 10,000 per month from your wallet to your bank account. The increased limits of INR 2 lakh are available after passing full KYC verification. The daily cap there is INR 400,000. 

PhonePe Transaction Limit for Businesses

PhonePe has special accounts for merchant use, and they involve higher limitations. Such accounts do not have daily transaction caps. This way, you can send a lot of money and manage operations more effectively with no upper limit.

Business Account vs Personal Account

PhonePe limits per day for business and personal accounts differ significantly:

With business account, you can enjoy unlimited transfers that boost the overall working experience.

Daily and Monthly Caps

Personal accounts allow INR one lakh per day and up to 20 transactions. PhonePe doesn’t involve an explicit monthly cap, but weekly transactions may be monitored by some banks.

Merchant accounts do not have any limitations per month or day through PhonePe. This way, entrepreneurs can make continuous UPI transfers.

Limit for High-Volume Transfers

PhonePe allows businesses across India to make large transfers and receive unlimited online transactions via UPI. There are no upper restrictions on the number of transactions or the everyday payout amount. PhonePe provides a UPI payment gateway connection for rather large amounts. It enables easy bulk payouts and collections.

How to Increase Your PhonePe Transaction Limitations

PhonePe doesn’t impose overly strict restrictions. It allows several ways that increase your boundaries. For example, completing KYC or upgrading the account level can increase your daily limitations. 

Complete Full KYC

If you pass the full KYC procedure, you can raise everyday restrictions from INR 10,000 for a month to an INR 200,000 for a single transaction. It also involves INR 400,000 maximum transaction limit. Besides, it opens access for unlimited wallet-to-bank payments and long-term account use. 

For a successful verification, you must provide your ID and pass a simple in-app verification.

Contact Your Bank or Support

If you face some restrictions, they may be caused by specific restrictions for your account. In this case, you can contact the support team and ask for a consultation to increase your UPI payment cap.

You can also reach the support team via the PhonePe app and ask for clarification about your transfer issues.

Upgrade to a Business Profile (If Eligible)

Merchants can apply for a PhonePe merchant account to increase the transaction limit. When your application is accepted, your account will have unlimited everyday UPI transfers, increased usage of the wallet, and access to advanced features. It also opens access to settlement dashboards and auto operations with real-time transaction history. It is a great way to have better boundaries and optimize your business workflow.

How to Transfer Money Using PhonePe

PhonePe allows you to quickly and smoothly send and get money via UPI. Among the available transactional options are UPI ID, bank account details, or mobile number. 

Using UPI ID

If you know what is UPI ID and use it, you have to:

1. Access the program. Open the PhonePe app.
2. Open the payment section. Go to the “UPI ID” tab.
3. Insert the amount. Enter the transaction amount.
4. Confirm the action. Click “Send”.

These bank operations are processed instantly.

To Bank Account

This transactional way involves several steps:

1. Open the wallet. In your profile, choose “To account”.
2. Add the required details. Insert your account number, IFSC code, and the recipient’s name.
3. Confirm your transaction. Verify the details and confirm the action with your UPI PIN.

This process takes up to 5 minutes.

Via Mobile Number

And the last option of sending money is using the mobile number linked to the UPI account:

1. Pick the option. Choose “To mobile number” in the wallet.
2. Insert the payment data. Enter the phone number and the amount.
3. Finish the process. Use your UPI PIN to confirm the action.

This simple procedure allows bank operations without using account details.

Security and Control Features in PhonePe

PhonePe has a strong security system with advanced features and in-app controls that help users. The system provides real-time alerts and strong SSL encryption that boost the overall safety of PhonePe users. There are also fraud monitoring systems that prevent illegal access and suspicious activity. 

Everyday Cap Alerts

You can get a notification from PhonePe that warns about exceeding transactional restrictions. These alerts appear right in the app or via push notifications. This information helps you stay informed and prevent failed transactions. This way, regular UPI users can enjoy more convenient financial planning.

Risk Assessment & Payment Privacy

AI-based risk assessment tools are also available at PhonePe. They detect unusual activity and block suspicious transactions automatically. PhonePe doesn’t share full bank details during transactions to increase the privacy of your transactions. The system also encrypts all financial data to prevent hacking and data breaches.

PhonePe’s Security Architecture

Among the main security tools are multi-layer encryption, device binding, and UPI PIN authentication. PhonePe verifies every payment by confirming it with the PIN code. Login attempts are also strictly monitored. The app complies with RBI regulations and uses real-time fraud detection. These measures ensure smooth and secure bank operations for all users.

Common Issues with Transaction Limitations

With PhonePe, users may face several issues due to hitting transaction restrictions. Such problems may cause delays for urgent payments, especially during business hours or bill deadlines. Reaching the cap, you can face blocked transactions, failed bank operations, or app errors. When you understand the potential issues, you will be able to avoid delays and enjoy smoother and uninterrupted payment processing for personal use and merchants.

Reaching Daily Cap

Users with a PhonePe account may inadvertently hit their everyday UPI limits of INR 100,000 or the allowed number of 20 payments in one day. In this case, PhonePe will block other payments for the day, even of the smallest amounts. This problem can not be solved instantly. You just need to wait until the next calendar day, which will reset the transaction number and its amounts.

Failed Transfers Due to Limits

If your payment exceeds the bank or wallet boundaries, you will not be able to complete it. In this case, you will see a notification like “Limit exceeded” or “Transaction failed”. Such failures are especially frustrating when making time-sensitive transactions.

To avoid such problems further, be sure to complete the full verification procedure and do not trigger possible security rules like high-frequency usage patterns.

How to Resolve Them

Here are several tips that can help you prevent potential problems:

• Regularly check your daily limit in the app;
• Wait until the next calendar date if the cap has already been reached;
• Reduce the transaction size if possible;
• Complete full KYC procedure;
• Switch to a business profile if you have appropriate documentation.

Besides, you can try to reach the PhonePe support team to review your account and adjust limitations.

Key Benefits of PhonePe’s Payment System

PhonePe is a top choice for seamless, secure, and user-friendly personal and business payments. You can enjoy instant bank operations, bill payments, and direct recharges through the bank account. UPI integration also boosts convenience, provides real-time confirmations, and offers 24 / 7 availability. These features make PhonePe a reliable tool for transactions across India.

UPI-Based Convenience

PhonePe is directly integrated with UPI. You can use PhonePe to receive and send money using your mobile number or UPI ID. This way, transactions become easier since you do not have to remember IFSC codes or long payment numbers.

PhonePe offers direct bank-to-bank transactions. They are secure and are accessible 24/7 without any complicated steps.

Fast Transfers & Recharges

PhonePe makes everyday payments simple and efficient. It suits personal needs with loyal limits. It also ensures fast and reliable business transactions. Here are the main functions available:

• Sending funds;
• Paying bills;
• Recharging mobile numbers.

Transactions are typically instant and do not have long waiting times, even during weekends. Speed and reliability boost efficiency, especially for urgent business or personal tasks like paying utility bills.

No Top-Up Required

Unlike other mobile wallets, PhonePe doesn’t require users to make deposits before sending payments. You can just send money directly via bank accounts linked to UPI. It greatly automates the processes. It eliminates unnecessary steps, shortens waiting times, and allows for managing money faster and more efficiently. 

Overall, UPI payments via PhonePe are fast and more convenient. PhonePe minimizes transaction failures and provides smooth, high-value operations without additional verification or delays.