Airtel payments bank- cash deposit limit reduced to 50k per month.. so we can't make more than 50k in UPI transactions?

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Deal Cadet
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Got a msg, airtel payments bank- cash deposit limit reduced to 50k per month from 11/3/19.. so we can’t make more than 50k in UPI transactions?
Above that 0.5% charges it says.
So if I transfer 60k from my Airtel UPI to another bank account UPI.. I will be charged?
UPI transaction also comes under cash deposit?

please let me know

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Finance Ninja Finance Ninja
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cash deposit & deposit through UPI both are different thing.

cash deposit means visit any Airtel physical store and deposit cash to your Airtel payments bank account.

Deal Cadet Deal Cadet
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Just like other zero balance Accounts. Many offer only 10k cash deposit, above that 3-5%.

Deal Cadet Deal Cadet
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Ok bro thanks. Since ppl hardly go Airtel payments bank physically to deposit, had this doubt. Airtel customer guy has no idea what it is stuck_out_tongue_closed_eyes

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