UPI Payment Failed Due to Daily Limit – Explained

The Unified Payments Interface (UPI) has revolutionized the way we handle transactions in India, allowing for instant money transfers and seamless payments. However, users occasionally encounter issues that can be frustrating, one of which is the “UPI payment failed due to daily limit” notification. In this blog post, we will explain the causes behind this issue, symptoms to look for, and provide a step-by-step guide on how to resolve it.

Understanding UPI and Daily Limits

Before diving into the problem, it’s essential to understand what UPI is and how daily limits work. UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables users to link multiple bank accounts to a single mobile application. This interface allows for instant money transfer between bank accounts through mobile devices.

Each bank sets a daily transaction limit for UPI payments. This limit is the maximum amount of money you can transfer in a single day. The daily limit varies from bank to bank and can range from ₹10,000 to ₹1,00,000 or more, depending on your bank’s policies and the type of account you hold.

Causes of UPI Payment Failure Due to Daily Limit

When you encounter a UPI payment failure due to daily limit, it is essential to identify the underlying causes. Here are some common reasons:

• Exceeding Daily Limit: The most straightforward reason is that you have exceeded your bank’s daily transaction limit. Each bank has different limits, and if your total UPI transactions for the day surpass this threshold, further payments will fail.
• Pending Transactions: If you have pending transactions that are yet to be cleared, they may count towards your daily limit. These pending amounts can take up your available limit for the day.
• Multiple UPI Apps: If you use multiple UPI apps linked to the same bank account, each app may have its own limit. This can lead to confusion about how much you can spend across different platforms.
• Bank Policies: Changes in bank policies or restrictions can also affect your daily limits. Sometimes, banks may temporarily lower limits for security reasons.

Symptoms of UPI Payment Failure

Recognizing the symptoms of UPI payment failure is crucial for troubleshooting. Here are some signs that indicate you might be facing a daily limit issue:

• Error Message: The most apparent symptom is the error message stating “Payment Failed: Daily Limit Exceeded” or similar notifications.
• Transaction History: If you check your transaction history and see that you’ve made several transactions that day, it might be a clear indication that you have hit your limit.
• Inability to Make Payments: If you are suddenly unable to make any payments, despite having funds in your account, it’s likely due to hitting the daily limit.

Step-by-Step Fixes for UPI Payment Failure

Encountering a UPI payment failure due to exceeding your daily limit can be frustrating, but there are several steps you can take to resolve the issue:

Step 1: Check Your Daily Limit

The first step is to check your bank’s UPI daily limit. You can usually find this information in the bank’s app or website. Here’s how:

• Open your bank’s mobile app.
• Navigate to the UPI section.
• Look for information regarding transaction limits.

Step 2: Review Your Transaction History

Next, review your transaction history to see how much you have already spent that day:

• In the UPI app, go to the transaction history section.
• Check the total amount spent in UPI transactions for the day.

Step 3: Wait for Pending Transactions to Clear

If you have pending transactions, wait for them to clear before attempting any further payments. Pending transactions can hold up your daily limit, preventing new transactions.

Step 4: Use Different UPI Apps or Accounts

If you consistently hit your daily limit, consider using different UPI apps or bank accounts for transactions. Each app may have its own limit, so diversifying can help you manage your payments more effectively.

Step 5: Contact Your Bank

If you believe your daily limit is set too low or if you have questions about your account restrictions:

• Contact your bank’s customer service through their helpline or in-app chat.
• Request clarification on your daily limit and any potential for adjustments.

Step 6: Stay Updated with Bank Policies

Finally, keep yourself updated with any changes in your bank’s policies regarding UPI transactions. Banks may periodically update their limits or terms of service, which could impact your transactions.

Frequently Asked Questions

1. What is the typical daily limit for UPI transactions?

The daily limit for UPI transactions varies by bank, typically ranging from ₹10,000 to ₹1,00,000. It’s essential to check your specific bank’s policy for accurate information.

2. Can I increase my UPI daily limit?

To increase your UPI daily limit, you generally need to contact your bank’s customer service. Some banks allow users to request an increase based on their account type and transaction history.

3. What should I do if my payment fails for reasons other than daily limit?

If your payment fails for reasons other than exceeding the daily limit, such as technical issues or insufficient funds, check your internet connection, verify your account balance, and ensure that the UPI app is functioning correctly. If issues persist, contact your bank for assistance.

In summary, encountering a UPI payment failure due to exceeding your daily limit can be a common issue among users. By understanding the causes, recognizing the symptoms, and following the outlined steps, you can effectively manage your UPI transactions and avoid disruptions in your payments. Remember to stay informed about your bank’s policies and transaction limits to ensure smooth financial operations.