If you are using the City Union Bank UPI Payment for the fund transfers then the transaction limit for UPI will be applied, you must know the UPI limit applicable on each Transaction, Transfer, UPI Charges and How to create CUB UPI Id, let’s see below details.
City Union Bank UPI Transaction Limit
CUB UPI Transaction Limit
Maximum Amount per day you can transfer using City Union Bank UPI is Rs 1,00,000.
And Only a maximum of 10 transactions can be done in 24 hours from the first transaction.
UPI transaction limit and UPI daily limit of CUB is Rs 1,00,000 Per Day.
Fund Transfer Limit after setting/resetting UPI PIN:
If you have reset your CUB UPI PIN then for the first 24 hours only Rs 5000 can be transferred and only 1 transaction can be done.
Above limits is applicable only for fund transfer and doesn’t include Bill payment and Merchant transactions.
New UPI users or users who have changed their device/Sim card/Mobile number can transact only up to Rs 5,000 within 24 hrs from 1st UPI transaction.
CUB Merchant Transactions Limit
In a day Maximum Rs 1,00,000 for Online Collect for Un-verified Merchants and Rs 6,00,000 for Specific MCCs.
And Max Amount per transaction is Rs. 2,000 (Online Collect for Un-verified Merchants)
and Rs 1,00,000 for others and Rs 2,00,000 for Specific MCCs.
CUB IPO Mandate limit is INR 5 lakh.
You can also set e-Mandate Recurring Transaction using CUB debit cards.
Note: New users can only transact for Rs. 5,000 in the first transaction.
How to Create CUB UPI ID
#1. Download the official CUB All in one Mobile App from Play Store
https://play.google.com/store/apps/details?id=com.cub.plus.gui&hl=en
#2. Verify your mobile number by selecting the mobile number registered with your bank.
#3. Select Bank account details
#4. Set a Virtual Payment Address UPI ID (example – name@CUB) for the selected bank account. You can set your phone number, or any 8–10 digit numeric ID of your choice.
#5. Set UPI PIN for the account using your Debit card credentials and OTP. Now Use this PIN for sending money to other VPA/ UPI ID’s.
#6. Send and receive secure payments instantly.