What are the transaction limits immediately after resetting my UPI PIN?
Immediately after you set a new PIN or reset an old UPI PIN, your bank sets a cooling-off period on your account to ensure security. The duration of this period will vary from bank to bank.
During this cooling-off period, your bank will reduce the:
- The amount you can send per UPI payment and the amount you can send in one day.
- The number of UPI payments you can make in one hour/one day.
After the cooling-off period,
- The amount you can send per UPI payment and in one day will return to Rs.1,00,000 (a few banks may have lesser limits).
- The number of UPI payments you can make in one day will return to 10.
Important: The limits during this period and the cooling-off period itself vary from bank to bank. Please contact your bank for more information.
Learn more about resetting your UPI PIN on PhonePe.