Bank of Baroda UPI limits refer to the maximum transaction amounts and frequencies that you can initiate using your Bank of Baroda UPI ID.
These limits are designed to ensure the security and integrity of your financial transactions.
Types of Bank of Baroda UPI Limits
Bank of Baroda UPI limits can be broadly categorized into two types:
- Transaction Amount Limits: These limits determine the maximum amount you can transfer per transaction using your Bank of Baroda UPI ID.
- Transaction Frequency Limits: These limits restrict the number of UPI transactions you can perform within a specific period, typically a day.
Current Bank of Baroda UPI Limits
The current Bank of Baroda UPI limits for individual transactions are as follows:
- Regular UPI Transactions: For regular UPI transactions, the maximum transaction limit is ₹20,000 per transaction.
- UPI LITE Transactions: For UPI LITE transactions, the maximum transaction limit is ₹500 per transaction and ₹4,000 per day.
Bank of Baroda UPI Transaction Limits
The maximum per-transaction limit for Bank of Baroda UPI transactions is ₹20,000. This means that you can transfer up to ₹20,000 in a single UPI transaction.
The daily transaction limit for Bank of Baroda UPI transactions is ₹40,000. This means that you can make multiple transactions up to a total of ₹40,000 per day.
There are a few exceptions to the standard Bank of Baroda UPI transaction limits.
- For New Users: New UPI users may face a temporary cooling period with a reduced per-transaction limit of ₹5,000 for the first 24 hours. This is a precautionary measure to enhance security for new accounts.
- For UPI LITE Users: UPI LITE, a simplified UPI option designed for small-value transactions, has a per-transaction limit of ₹200 and a daily limit of ₹2,000.
Bank of Baroda UPI limits are designed to safeguard your financial transactions while providing a convenient and secure digital payment experience.
You can check your remaining UPI transaction limit by logging into your Bank of Baroda mobile banking app or by visiting the bank’s website.