UPI or Unified Payments Interface is an immediate real-time payment system that helps in instantly transferring the funds between the two bank accounts through a mobile platform. Hence, UPI is a concept that allows multiple bank accounts to get into a single mobile application.
UPI can be done through
Third Party Apps like BHIM, Google Pay, PhonePe, PayTM etc.
Timings : 24 x 7 x 365
Type of Account | Maximum Limit / Transaction | Maximum Limit/Day | Charges |
---|---|---|---|
Saving Accounts | 1,00,000 /- | 1,00,000 /- | Free - No Charges are levied by bank on any outward and inward UPI Transactions. |
Current Accounts | 1,00,000 /- | 1,00,000 /- |