Dmindia — UPI Limits and Daily Volumes | dmindia.blog
The ordered procedure from KYC-linked number to PIN, with the two common rejection points.
Step 1: verify the KYC-linked mobile number. The number carries know-your-customer verification and anchors every bank account you can pay from; the app confirms it before any payment is possible.
Step 2: create the UPI ID for the bank account. The Virtual Payment Address is the handle others type or scan; each account gets its own UPI ID and a QR code the system generates for it.
Step 3: open the QR code or type the receiver's UPI ID. Scanning is the common path at a merchant counter; typing works when you have the receiver's handle written down.
On narrow screens, swipe or scroll the plate sideways.
Step 4: enter the amount. The app shows the receiver's name and the amount before asking for authentication.
Step 5: authenticate with the PIN under two-factor authentication. The PIN combined with possession of the KYC-linked mobile number authorises the debit; this is the moment money moves.
Step 6: check the debit. The debit posts to your bank account immediately and the receiver's credit follows within seconds; the app shows a confirmation with the reference.
The two usual failures happen before money moves. Crossing the case limit — sending more than ₹200,000 in a standard transfer, or more than ₹10,000 on UPI 123PAY — rejects the payment outright. Hitting the 24-hour cooling limit on a newly delegated secondary user, capped at about 5,000 daily for the first 24 hours, rejects it the same way.
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