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      Question

      What is the daily limit for Person-to-Person (P2P)

      transfers under UPI?
      A ₹50,000 Correct Answer Incorrect Answer
      B ₹1 lakh Correct Answer Incorrect Answer
      C ₹2 lakh Correct Answer Incorrect Answer
      D ₹5 lakh Correct Answer Incorrect Answer
      E ₹10 lakh Correct Answer Incorrect Answer

      Solution

      While P2M limits have been revised, the P2P daily limit remains ₹1 lakh. This ensures personal fund transfers between individuals remain within controlled volumes. The unchanged P2P limit distinguishes it from higher allowances granted for commercial (P2M) and institutional payments.

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