Big decision of the government, now users will be able to withdraw gold loan or FD money only through UPI.

New UPI Rule: UPI users will now be able to withdraw gold loan, business loan and FD money online in the coming time. This will increase the scope of making payment through UPI a little more.

New UPI Rule: The government has given great news to UPI users. The National Payments Corporation of India has made a big change in the rule of making payment through UPI. Now users can also send the amount of gold loan, business loan and FD anywhere through UPI. Loan account can also be linked to UPI account. With this, you will be able to make payment from credit card to business loan through UPI apps like Paytm, Phonepe, Google Pay. This rule will come into effect from 1 September 2025.

You will be able to withdraw loan money without going to the bank

To make the way of making payment more easy and secure, NPCI has recently taken many important decisions. Now once again it has been announced to increase the scope of making payment. At present, UPI users will be able to link only savings account or overdraft account to UPI. Payment can be made only through these. Some RuPay credit cards have also been linked to UPI, but their number is less. Now with the new rule, customers will be able to withdraw gold loan and personal loan money online without going to the bank.

NPCI has set some rules

UPI's current rules have the facility of P2M money transfer, but with the implementation of the new rule, P2P as well as P2PM transactions will be possible. Not only this, you will also be able to withdraw cash. However, NPCI has also set some rules for this, such as users will be able to make a maximum payment of up to Rs 1 lakh in a day. Also, the limit for withdrawing cash in a day is only Rs 10000. Apart from this, the limit of P2P daily transactions has also been made 20.

Along with this, the bank will also decide which payment you will be able to make through UPI. Suppose you have taken a personal loan, then the bank should allow the loan amount only for hospital bills or school or college fees. This facility will be especially beneficial for those small businessmen who take business loans up to Rs 2-3 lakh and they will not have to make repeated rounds of the bank to make the payment every time.