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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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