G-G0GL5SH20XBig decision of the government, now you can withdraw gold loan or FD money through UPI too | Punjabup films
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Big decision of the government, now you can withdraw gold loan or FD money through UPI too

July 21, 2025
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National Payments Corporation of India (NPCI) has made a big change in the rules for making payments through UPI. From now on, from September 1, 2025, users will be able to send gold loan, business loan and fixed deposit (FD) amount directly anywhere through UPI. Apart from this, now the loan account can also be linked to the UPI account.

After this change, you will be able to make payments from credit card to business loan through UPI apps like Paytm, PhonePe, Google Pay. This will also reduce the need to go to the bank.

You can withdraw loan money without going to the bank

NPCI has implemented this new rule to make the payment method more easy and secure. Till now, payment could be made only by linking savings account or overdraft account to UPI. Some RuPay credit cards are also linked to UPI, but their number is less.

Now under the new rules, customers will be able to withdraw money for gold loan and personal loan online without going to the bank.

NPCI has set some rules

  • The current rules of UPI have the facility of P2M (Person to Merchant) transfer. After the new rules, along with P2P (Person to Person), P2PM (Person to Person Merchant) transactions can also be done.
  • Facility to withdraw cash will also be available, but some limits have been set for this:
  • Users will be able to make payments of up to a maximum of Rs 1 lakh in a day.
  • The limit for cash withdrawal in a day has been fixed at Rs 10,000.
  • The daily limit for P2P transactions will be 20 transactions.

The bank will decide the approval of the payment

This facility will not be completely open to everyone. The bank will decide which payments you can make through UPI. For example, if you have taken a personal loan, the bank will only allow important payments like hospital bills, school or college fees.

Big relief for businessmen

This facility will be especially beneficial for small businessmen, who usually take business loans up to Rs 2-3 lakh. Now they will not need to visit the bank every time and they will be able to easily make payments through UPI.