KVP Money

UPI Rules 2025 Update: 5 Critical Changes from August 1 You Must Know

UPI

India’s Unified Payments Interface (UPI) continues to revolutionize digital transactions—yet major rule changes take effect on August 1, 2025. Whether you’re a merchant, consumer, or developer integrating UPI, understanding these updates is essential to avoid transaction failures, comply with new limits, and optimize costs. This guide breaks down each new rule, its impact, and practical steps to adapt.


1. ₹200,000 Monthly Transaction Cap Per Account

Effective August 1, your UPI-linked bank account cannot exceed ₹2 lakh total outgoing transfers per calendar month.


2. ₹50,000 Per-Day Peer-to-Peer Limit

The daily peer-to-peer (P2P) transfer limit is now ₹50 thousand—down from ₹1 lakh.


3. Merchant Discount Rate (MDR) for Small Merchants

Small merchants (annual UPI volume < ₹10 lakh) will pay a 0.2% MDR on each UPI payment, capped at ₹100 per transaction.


4. Enhanced KYC for High-Value Users

Users with monthly spends > ₹1 lakh must complete video-based KYC by September 30, 2025, or face a 30% daily limit reduction on UPI transactions.


5. Biometric & Device Binding Requirements

UPI apps must now bind biometrics or device PINs on new installs—adding a second layer of security.


What These Updates Mean for You

As India’s UPI ecosystem evolves, these August 1, 2025 rule changes underscore the importance of staying informed and adaptable—whether you’re a consumer, merchant, or developer. By monitoring your transaction limits, updating KYC promptly, and integrating new security measures, you can continue enjoying UPI’s convenience without disruption. Looking ahead, keep an eye on further NPCI announcements, leverage analytics in your banking apps to track compliance, and explore complementary payment methods like UPI Lite and tokenized card payments to future-proof your digital finance strategy.


FAQs

Q1: Do incoming UPI transactions count toward the ₹2 lakh monthly cap?
No—only outgoing transfers apply to the ₹2 lakh cap.

Q2: How can I split a rent payment of ₹60 000?
Use auto-pay or schedule two payments (e.g., ₹30 000 twice) to stay under the ₹50 000 daily limit.

Q3: When does biometric binding become mandatory?
New installs immediately; existing users by October 1, 2025.

Q4: What if I miss the video-KYC deadline?
Your daily limit will reduce by 30% until you complete video-KYC.

Q5: Are these rules uniform across all UPI apps?
Yes—these NPCI-mandated changes apply to all UPI service providers.


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