What are the revised transaction limits for UPI 123Pay and UPI Lite as per the…

2024

What are the revised transaction limits for UPI 123Pay and UPI Lite as per the latest guidelines issued by the Reserve Bank of India (RBI)?

  1. A.

    ₹10,000 for UPI 123Pay and ₹5,000 for UPI Lite

  2. B.

    ₹5,000 for UPI 123Pay and ₹10,000 for UPI Lite

  3. C.

    ₹10,000 for both UPI 123Pay and UPI Lite

  4. D.

    ₹5,000 for UPI 123Pay and ₹2,000 for UPI Lite

  5. E.

    ₹7,500 for UPI 123Pay and ₹3,000 for UPI Lite

Show answer & explanation

Correct answer: A

The revised RBI limits raised UPI 123Pay to Rs. 10000 and UPI Lite to Rs. 5000. Therefore the pair in option A is correct.

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