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UPI's increased transfer limit for hospitals will be applicable from January 10: NPCI

Published: January 5, 2024

In the December bi-monthly MPC meeting, RBI Governor Shaktikanta Das announced that the UPI payment limits for hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh per transaction.

Source: businesstoday.in

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Shaktikanta DasNational Payments Corporation Of IndiaMonetary Policy CommitteeNational Payments CorporationReserve BankApplication SupportedBlocked AmountOspital Transfer LimitDucational Institutions Transfer LimitPi Limit HospitalsPi Limit January 10Shaktikanta DasMonetary Policy CommitteeEcember MpcPayment Service ProvidersDigital TransactionsReal Time Payment SystemBank AccountsMobile NumbersUpi IdFinancial ActivitiesNcreased Transaction LimitsDue Diligence00 Billion TransactionsSecondary Market