For UPI person-to-person (P2P) transfers, what is the maximum cumulative debit…

2022

For UPI person-to-person (P2P) transfers, what is the maximum cumulative debit amount in a 24-hour period?

Answer: C. ₹1,00,000ConceptUPI limits are network ceilings, while a bank or payment app may impose a lower operating cap for risk control. Person-to-person (P2P) transfers use…

  1. A.

    ₹25,000

  2. B.

    ₹50,000

  3. C.

    ₹1,00,000

  4. D.

    ₹5,00,000

Show answer & explanation

Correct answer: C

Concept

UPI limits are network ceilings, while a bank or payment app may impose a lower operating cap for risk control. Person-to-person (P2P) transfers use the normal UPI category; higher ceilings apply only to specified merchant categories.

A daily debit limit is cumulative: the values of outgoing P2P transfers are added over the applicable 24-hour window and compared with the category ceiling.

Application

  1. Classify the payment as P2P, so the normal UPI ceiling—not a special verified-merchant ceiling—governs it.

  2. NPCI’s normal UPI ceiling and the official MPPSC answer key identify ₹1,00,000 for this item.

Cross-check and contrast

  • ₹25,000 and ₹50,000 may occur as lower bank- or app-level operating caps, but they are not the standard network ceiling asked here.

  • ₹5,00,000 is used for specified merchant categories such as IPO and Retail Direct, not for ordinary P2P transfers.

Result

Therefore, the maximum cumulative P2P debit amount in the stated 24-hour period is ₹1,00,000.

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