The use of UPI for fund transfer has increased significantly as the user does not require a username and password. It is easy to transact, and most fraudsters try to cheat UPI users somehow. Therefore, you can set the UPI transaction limit in SBI to avoid losing a hefty amount from such fraudulent incidents.
You cannot set UPI transaction limits through PhonePe, Google Pay, or any third-party payment app. Hence, you will need mobile or internet banking of the linked bank account to set the UPI transaction limit. Once the UPI limit is set, you can transact up to the specified limit through any digital platform.
So, if you have linked your State bank savings account, you need SBI mobile banking app or internet banking. Similarly, for Union bank of India, you will need a U-Mobile app. But, in this tutorial, we have shared the State Bank UPI transaction limit, that is, how you can set the UPI transaction limit in SBI.
How to Set the UPI Transaction Limit in SBI?
It is a straightforward process to set the UPI transaction limit in SBI, Install Yono Lite SBI, and log in with your Internet Banking credential for the first time. Later you can set the M-pin to login.
Step 1: After login, you will get the option of UPI Transfer at the top of the home page.
Step 2: Tap on UPI Transfer. On the next screen, you will get the option of a Set UPI Transaction Limit.
Step 3: Tap on ‘Set UPI Transaction Limit‘. On the next screen, enter your Profile Password and tap on Submit. Check here for more details about SBI Profile Password.
Step 4: Now, you have to set a new UPI transaction limit here, enter the amount you like and re-enter the same amount, and click on Submit. Here, the maximum transaction limit is ₹100000/-.
Step 5: On the next screen, select Confirm. You will get OTP on your registered phone number. Enter OTP and tap on submit.
Step 6: You will get a message; ‘Your UPI transaction limit request has been successfully set’.
That’s all; you don’t need to do anything. But if you want to know how to do it through SBi Net banking, follow the steps below.
See also– SBI Debit Card Pin by SMS
But, if you are looking for a video format, below, we have shared a Youtube video of our channel to set the limit of UPI transactions in State bank (Hindi).
Watch This Video:
Steps to Set UPI Transaction Limit through SBI Net Banking
Visit the official website of SBI Online and login with your username and password.
1: Click on the “My Accounts & Profile” tab.
2: On the next page, select the “Profile” tab.
3: Click on the “Define Limit” option; next, enter your profile password, and click on “Submit“.
Learn more- SBI CIF Number Without Passbook
4: Now, click on the link for general categories.
5: Select a limit to set up, enter the amount you want to set, and click on “Submit“.
6: You will receive an OTP, enter the OTP and click on “Confirm“.
Finally, your transaction limit will be reset successfully in SBI.
But, if you want to disable UPI services in SBI, not the transaction limit, you can do it through a mobile app and net banking.
Disable UPI Service in State Bank
To disable the UPI services in State bank via mobile app, you must install the “Bhim SBI Pay“.
But, when you want to enable it, you can do it anytime and anywhere. For this, the link is given here.
Check also–Union Bank UPI Transaction Limit Set
UPI Transaction Supported Channels
Unified Payment Interface supports various payment methods, such as QR codes, Mobile numbers, UPI ID, Bank accounts, etc. Install the mobile payment app once on your mobile, and it’s ready.
These were some simple steps to set UPI transaction limits through the Yono Lite app. Here, you should set a minimum limit for UPI transactions to save from large amounts of fraud. The limit of UPI transactions will depend on how many transactions you perform daily through the Unified Payment Interface.
A: The maximum transaction limit for UPI is Rs 100000, and the transaction limit can be set up to or less than the maximum UPI transaction limit (Rs 100000) in SBI. So here, you can set a limit of less than or equal to Rs 100000.
A: You can easily set the UPI transaction limit in SBI through the YONO Lite app. You will get the option to ‘Set UPI Transaction Limit’. Tap on the next screen, enter the preferred amount and submit. You will get a ‘One-time password’ (OTP) on your mobile, enter OTP and confirm.
A: The per-day limit for UPI transactions in SBI is 1 lakh, and the per transaction limit is Rs 25000.
A: You can not transfer money abroad using UPI in SBI.