Sebi raises UPI limit for investing in debt securities to Rs 5 lakh

• The Securities and Exchange Board of India (SEBI) has increased the investment limit for retail investors applying in public issues of debt securities with the facility to block funds through Unified Payments Interface (UPI) mechanism from Rs 2 lakh to Rs 5 lakh.
• Debt securities can include Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper.
• This has been done to bring uniformity in UPI limit allowed in IPO subscription. Earlier NPCI had increased the per transaction limit in UPI from Rs. 2 lakh to Rs. 5 lakh for UPI-based Application Supported by Blocked Amount (ASBA) Initial Public Offer(IPO).

Points to remember:

1. What is the investment limit for retail investors applying in public issues of debt securities with the facility to block funds through the Unified Payments Interface (UPI) mechanism?- Rs 5 lakh
2. What is the investment limit for investors applying for IPO via UPI facility?- Rs 5 Lakh

Source: SEBI