TheBankTodayTheBankTodayTheBankToday
Notification Show More
Font ResizerAa
  • Home
  • Banking
  • SBI
  • ATM Card
  • NEFT/UPI
  • Central Bank
  • Important
Reading: UPI Services to Stop Temporarily for SBI Customers
Share
Font ResizerAa
TheBankTodayTheBankToday
  • Home
  • Banking
  • SBI
  • ATM Card
  • NEFT/UPI
  • Central Bank
  • Important
Search
  • Home
  • Banking
  • SBI
  • ATM Card
  • NEFT/UPI
  • Central Bank
  • Important
Have an existing account? Sign In
Follow US

Home » SBI

sbi
SBI

UPI Services to Stop Temporarily for SBI Customers

Takendra Verma
Last updated: 02/09/2026 2:23 PM
Takendra Verma
Published: 02/09/2026
Share
SHARE

SBI customers who regularly use UPI should take note of an important update.

Contents
SBI UPI Services to Remain UnavailableCheck SBI UPI Transaction LimitsUPI Charges Could Change for Some MerchantsUPI Has Grown Rapidly in India

State Bank of India (SBI) has announced that its UPI services will be temporarily unavailable for 45 minutes on September 4, 2026, due to scheduled maintenance.

The service interruption will take place from 12:15 AM to 1:00 AM.

However, SBI said the maintenance work could be completed earlier than the scheduled time.

SBI UPI Services to Remain Unavailable

During the maintenance window, customers will not be able to use regular UPI services for digital payments and money transfers.

There is some relief, though.

UPI Lite will continue to work during this period, allowing customers to make small-value transactions without using a UPI PIN.

If you have an important payment to make around midnight, it may be better to complete it before the maintenance begins.

Check SBI UPI Transaction Limits

SBI has set different limits for UPI transactions depending on the type of payment.

Here are the key limits:

P2P transactions: Up to 20 transactions per day

Overall UPI transaction limit: Rs 1,00,000 per day

UPI Lite transaction: Up to Rs 1,000 per transaction

Maximum UPI Lite balance: Rs 5,000

Insurance and capital market transactions: Up to Rs 2,00,000

IPO (ASBA), Retail Direct Scheme, tax payments, hospitals and educational institutions: Up to Rs 5,00,000

India-Singapore UPI remittances: Up to the equivalent of 1,000 SGD

UPI services are supported across compatible Android, iOS and feature-phone platforms.

UPI Charges Could Change for Some Merchants

Another major development could be coming for UPI.

The government is considering introducing a Merchant Discount Rate (MDR) on certain UPI merchant transactions.

A gazette notification is reportedly expected by mid-September, although the exact MDR rate, transaction threshold and other details have not yet been officially announced.

For ordinary users, there is an important point to remember.

Consumers will not be charged for making UPI payments. Person-to-person UPI transactions will also remain free.

If MDR is introduced, it is expected to apply only to a limited category of merchant transactions above a specified threshold.

UPI Has Grown Rapidly in India

UPI has become one of India’s most widely used digital payment systems.

The scale of its growth has been remarkable.

Annual UPI transactions increased from just 2 crore in FY 2016-17 to more than 24,162 crore in FY 2025-26.

That represents an almost 12,000-fold increase in transaction volume.

The value of transactions has also jumped sharply, rising from around Rs 0.07 lakh crore to approximately Rs 314 lakh crore over the same period.

The government has said that any future changes to UPI charges are aimed at supporting the payment system’s long-term sustainability, technology upgrades and resilience.

For customers, however, the key message remains simple: UPI payments are expected to remain free for citizens.

You Might Also Like

SBI launches Special Loan for Women Entrepreneurs
SBI Customers can get ₹5 lakh Loan without visiting Branch
SBI Mutual Fund launches JanNivesh SIP (See Details)
SBI Cash Withdrawal Rules Change from October 1
SBI Discontinues Amrit Kalash FD Scheme
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Difference Between NEFT and RTGS

Get Banking Updates

Important banking and money updates, delivered without the clutter.
Thank you! Please check your inbox to confirm your subscription.
Popular Updates
SBI Asha Scholarship
SBI Asha Scholarship 2023: विद्यार्थियों को मिल रही 5 लाख की स्कॉलरशिप
31/07/2023
fd
RBI Changes FD Interest Rate Rules From October 1
22/09/2026
How to register YONO SBI
How to register YONO SBI in Just 5 minutes
11/05/2023
check balance from SBI ATM
How to check Balance from SBI ATM?
30/07/2023
How to check Balance in SBI
How to check Balance in SBI in 2023?
18/02/2023

Tags

  • Central Bank Of India
  • Pan Card
  • register mobile number
  • pan card new rule
  • Banking Service
  • HDFC
  • SBI Personal Loan
  • Net Banking
  • Activate Net Banking
  • What is Bank?

TheBankToday

TheBankToday publishes practical banking, personal-finance and financial-news explainers to help readers understand important updates and services.
Quick Links
  • About
  • Contact Us
  • Disclaimer
  • Join Us
  • T&C
  • Privacy Policy
  • Customize Interests
Important Links
  • Advertise With Us
  • Advertising Policy
  • Cookie Policy
  • Corrections Policy
  • Editorial Policy
  • Fact-Checking Policy
  • Grievance Redressal

Subscribe Us

Subscribe to our newsletter to get our newest articles instantly!

Thank you! Please check your inbox to confirm your subscription.
© 2026 TheBankToday. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?