What are the limits on fund transfers and fund withdrawals in Tiqs?
The fund transfer limits for various modes of payment per day are as follows:
Net banking on Tiqs: Up to 25 transfers between ₹50 and 1 crore per transaction. Banks may have further restrictions.
UPI Transactions on TIQS: Up to 35 UPI transfers of ₹1 – ₹2 lakh per day. Banks may have further restrictions on the amount per transaction.
NEFT and RTGS Transactions on TIQS: There are no limits imposed by Tiqs, but banks may have further restrictions.
IMPS Transactions on TIQS: ₹2 lakh per transaction for most banks, however, there are no limits imposed by Tiqs. Banks may have further restrictions on the amount per transaction.
A maximum of ₹5 Crores can be withdrawn per day