What to do if my UPI transaction shows pending but amount debited?
If the issue still persists, kindly reach out to us via our customer care number. In case your transaction has failed, but the amount was debited then the same will be reversed to your account in T+2 working days. If you still face the issue, you can reach out to us or raise a complaint via your BHIM App.
What is the time limit for UPI transactions?
The transaction limit per day for UPI transaction is ₹1 Lakh. The maximum limit for BHIM UPI is ₹10,000 per transaction and ₹20,000 in a 24 hour window. The limit may be revised from time-to-time.
How do I get a refund from imps?
Please contact your branch. Usually failed IMPS is refunded in 2–3 days. Automatic reversal should take place in max. 48 hrs,otherwise ask for reversal and interest cost by producing evidence if thefault does not lie with the customer like incorrect IFSC code or a count no .
What happens when money gets debited but transaction failed?
Contact customer care As per the Reserve Bank of India (RBI), any amount so deducted must be credited to the customer’s account within seven working days of the complaint filing. Otherwise, the bank is eligible to pay Rs 100 per day of delay.
How do I cancel a pending UPI transaction?
If a payment shows ‘pending’ status, it means that you cannot cancel it or take any further action on it.
How many times can we use UPI in a day?
50,000. Generally, the maximum number of UPI transactions carried by an individual per day is usually limited to 20. However, this upper limit varies from bank to bank.
Can IMPS transaction be reversed?
It is almost impossible to reverse the funds once transferred via NEFT, RTGS or IMPS. If beneficiary account number to which you have transferred the funds is wrong; in that case, the funds will get reversed to your own account from which you have initiated the transaction.