Upcoming modifications in UPI regulations, effective starting September 15: A look at the updates

In a recent development, our platform has announced a series of changes to its transaction limits, aiming to provide a more seamless and efficient user experience.

Firstly, the daily cap for jewellery purchases has been set at Rs 6 lakh, offering customers a substantial increase in their purchasing power.

Additionally, the limit for jewellery purchases on the platform has been doubled to Rs 2 lakh per transaction, providing greater flexibility for larger purchases.

The limit for our platform's account opening remains unchanged at Rs 2 lakh.

Foreign exchange payments via BBPS are now permitted, and the limit for such transactions has been increased to Rs 5 lakh per transaction, with a daily cap of Rs 5 lakh. This expansion in services is expected to cater to the growing demand for international transactions.

In a separate development, the Reserve Bank of India (RBI) raised the maximum limits for UPI transactions in September 2025. The intra-bank transaction limit was set to 2 lakh INR, and the inter-bank transaction limit was set to 1 lakh INR per transaction.

Moreover, the limit for term deposits digital onboarding has been increased to Rs 5 lakh per transaction.

It's important to note that no changes have been announced for account opening on our platform.

Written by Ayushi Jain, a tech news writer and BGMI player, this article aims to provide a clear and concise overview of the recent changes in transaction limits on our platform. For more information about Ayushi or to view her full profile, please visit our website.

However, today's news is not about our platform's updates. Instead, we turn our attention to the much-anticipated iPhone 17 Air, which is set to dominate Apple's Sept 9 event. Stay tuned for more updates on this exciting new product.

Upcoming modifications in UPI regulations, effective starting September 15: A look at the updates