Google Pay supports a wide range of banks for UPI (Unified Payments Interface) transactions in India, allowing users to seamlessly send and receive money directly from their bank accounts. While the platform generally works with most banks that support UPI, specific transaction limits may vary by bank.
For sending money through Google Pay's UPI feature, here are examples of banks and their respective daily transaction limits, as specified for various types of banks:
Supported Banks and UPI Transaction Limits
You can link accounts from a variety of banks to Google Pay for UPI transactions. The following table highlights some of these banks, categorizing them by type and outlining their daily UPI transaction limits when sending money:
| Bank Name | Bank Type | UPI Transaction Limit (INR) |
|---|---|---|
| IDFC | Private | ₹100,000 |
| India Post Payment Bank | Payments Bank | ₹25,000 |
| Indian Bank | Public Sector Bank | ₹100,000 |
| Indian Overseas Bank | Public Sector Bank | ₹50,000 |
It's important to note that this list is illustrative, and Google Pay is compatible with a vast number of banks that are part of the UPI network in India. Most major public and private sector banks, as well as payments banks, can be linked to your Google Pay account for conducting UPI transactions.
How Google Pay Works with Banks
- UPI Integration: Google Pay leverages the UPI system, which is an instant payment system developed by the National Payments Corporation of India (NPCI). This allows it to connect directly with any UPI-enabled bank account.
- Account Linking: To use Google Pay, you typically link your existing bank account to the app using your registered mobile number, which must be the same as the one linked to your bank account.
- Transaction Types: Beyond sending money, Google Pay facilitates various transactions including:
- Bill payments (electricity, water, gas, etc.)
- Mobile recharges
- Online shopping payments
- Payments to merchants via QR codes or phone numbers
For the most accurate and up-to-date information regarding supported banks and their specific limits, users are encouraged to check the Google Pay app directly or refer to official Google Pay support resources.
