REVISION IN END-OF-DAY (EOD) BALANCE LIMIT FOR UPI LITE CUSTOMERS WITH LINKED PPBL ACCOUNTS
Date: 6th March, 2023
Dear Bank Customer,
We would like to inform you that we have updated the end of day sweep out limit for all customers who have linked their accounts on UPI Lite from Rs. 2 lakh to Rs. 1.9 lakh. This means that any excess funds that get swept out will be parked in your linked Fixed Deposit with our partner bank. You will continue to earn interest on these funds as per the prevalent rates.
Please note that this update will not impact any of your interactions with your account. We have made this change to enable customers to take advantage of UPI Lite on multiple Payment Service Providers (PSPs).
If you have any questions or concerns about this update, please call us at our Customer Care no: 0120-4456-456. Thank you for banking with us.