Home / Finance / Banking / What is PayZapp limit?
Q.

What is PayZapp limit?

view 7055Views

2 Year

Comment

4 Answers

Hello, I started using the Payzapp app around November last year. So, as a current user, I can tell you that the Payzapp wallet to bank transfer limit is set to Rs 10,000 per month for non-KYC accounts. Other responses have shared that the limit for upgraded accounts is Rs. 50,000. However, I don’t think that it is applicable anymore.

Talking about users like me who have completed the KYC, their set limit for transactions is Rs. 2 lakhs per month on the Payzapp app. 

What is the Procedure to Register for UPI on Payzapp?

I think it would be helpful to share the steps for UPI registration on Payzapp. So, here they are.

  1. First, click on the BHIM UPI app. 

  2. Choose your SIM for the purpose of verification.

  3. Once your SIM and mobile are verified, choose your bank.

  4. After the bank verification is done, set your UPI PIN for the bank account you want to link with UPI.

  5. Fill in the UPI PIN.

  6. With this, your UPI ID will be registered. 

I hope you are now aware of the Payzapp transaction limit. 

Pay your Utility Bills Securely via NoBroker! Some related information:

Is PayZapp Only for HDFC Customers?

Hi, 

I have been using the PayZapp app for making payments for the last few months. During this time, I tried to transfer from the Payzapp wallet to a bank account but could not, as it said the amount was above the limit. Following this, I inquired about the Payzapp wallet to bank transfer limit. 

What Is The Payzapp Transaction Limit?

I came to know that KYC is necessary to access all the app benefits. The Payzapp UPI limit set for non-KYC accounts is ₹10,000, and for KYC accounts, the limit is ₹20,000. You can also check the PayZapp limit through the profile section of the app. 

How To Get Started With PayZapp Wallet?
  • Download the app from your app store. 

  • Give a missed call to 1800 833 4141 and send an SMS to 5676712 with PAYZAPP. 

  • Now, scan the QR code and enter the registered and HDFC savings account numbers.

  • You will receive an authentication code on your registered mobile number.  

  • Now, enter the code and create your PIN. 

  • Link your credit or debit card by scanning the card or entering the details manually. 

I hope now you are aware of the payzapp wallet to bank transfer limit. 

Make Hassle-Free Payments And Earn Cashback Through NoBroker App Read More What is HDFC PayZapp Customer Care Number ?

I have recently opened an account in HDFC and that is how I came to know about what is it and also the

PayZapp limit per day. PayZapp is a mobile app or wallet that helps its users to make digital payments. Any customer having an HDFC account with a debit or credit card is eligible to use this app. So let me share the PayZapp wallet limit and other aspects of it. I am sure this answer is going to be helpful to all especially to the new users.

Get exciting rewards for every transaction or bill payment using NoBroker

  How much money can be added in PayZapp?

The PayZapp load money wallet limit is Rs 1 lakh per month and Rs 5 lakh per year. However, to add such a huge amount, you have to be KYC-compliant. If you want to know how to be KYC compliant, just go through Raunak Ji’s answer.

Note that there is no question of the

card loading limit exceeded in PayZapp since you will not be allowed to add more money to your wallet than this in any case.

What is the PayZapp limit per day?

This value differs for KYC-compliant people and KYC-non-compliant people. For a non-KYC user, the amount will be restricted to Rs 10,000 and for an upgraded account, it is Rs 50,000. The maximum amount that a non-KYC person can transfer is Rs 5,000.

  How long is the PayZapp wallet valid?

Your PayZapp wallet will be valid for 5 years only.

  Can you add money to PayZapp using your credit card?

Yes, you can add money to your PayZapp using your credit card. It however has a major drawback. It will charge a fee of 3% of the amount. So if you are adding Rs 2000, you have to pay Rs 60 extra. But for UPI payments, HDFC takes no charge

 

I hope you have understood what is the

PayZapp limit per day.

  Read More:

How to add money from credit card to PayZapp?

What is HDFC Bank Payzapp Card?

Does PayZapp charge for money transfer?

0 2022-07-29T18:32:21+00:00

I suggest you complete full KYC in Payzapp in order to access important functions. It includes fund transfers to bank accounts, money additions, and offers to receive. If you are using a Payzapp wallet but have not finished full KYC, you will not be able to use these features. So let me tell you about the PayZapp transfer limit per day.

Earn assured cashback by paying utility bills with NoBroker, click to know more.

What is PayZapp daily transaction limit?

The rules for RBI pre-paid cards apply to this feature. The limit is 10,000 per month for non-KYC accounts and 50,000 for upgraded accounts. The most money that can be moved out of a non-KYC account each day is 5,000. Now you know what is PayZapp limit.

What are the PayZapp money transfer limit and charges?

A service for transferring wallet balances to bank accounts is provided by Payzapp. The biggest disadvantage is that a transaction fee of 3.5 percent of the transfer amount is charged. I know, you will find it a little unpleasant. But you are now aware of the fees associated with PayZapp bank transfers.

How to check PayZapp limit?

If you want to check your PayZapp limit, all you have to do is open your PayZapp app. Then you need to go to your profile section. There you will get to know about your active PayZapp limit.

How to complete the PayZapp full KYC online process?

  • You need to launch the Payzapp wallet first, then select “Settings”.

  • Open the option “View/update KYC” from the screen.

  • On the following screen, select “Complete KYC”.

  • When questioned "Are you an HDFC Bank customer?" click yes.

  • You may discover your HDFC bank account customer ID on your passbook, e-statement, or through mobile banking or online banking.

  • Your KYC will be finished once you have entered your customer ID.

  • You can now use your Payzapp wallet without any restrictions after completing the whole KYC process.

I hope you understood the PayZapp transfer limit per day.

Read More: How to contact PayZapp customer care? How to make HDFC credit card lifetime free through PayZapp? What is merchant ID in PayZapp? Does PayZapp charge for money transfer?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners
Get your Home Sparkling Clean
Best Price | 5-Star Rated Partner | Safe Chemicals
Get Rs.1000 off on Your Lowest Quote
On-Time Delivery | Reliable Packing | Professional Labour
Buy Your Dream Home with NoBroker.com & Enjoy Exclusive Benefits on Home Loan & Interior Services
Fastest Sanction in 7 Days from 15+ Banks | Max Funding | No Hidden Charges
Get upto ₹10 Lacs Instantly in your bank account | Instant Disbursal |
Save Lakhs on Brokerage
Get Dedicated Expert to Search Property, Contact Owners & Negotiate for You