Below are the default payouts limits (daily & monthly) which was determined based on the entity type considering the risk involved:
1. Individual - Daily : 20,000 & Monthly : 1,00,0002. Unregistered - Daily : 20,000 & Monthly : 1,00,000
3. Freelancer - Daily : 20,000 & Monthly : 1,00,000
4. Sole Proprietorship - Daily : 1,00,000 & Monthly : 5,00,000
5. Private/Public Limited - Daily : 2,00,000 & Monthly : 10,00,000
6. Trust/Soceity - Daily : 2,00,000 & Monthly : 10,00,000
7. Partnership - Daily : 2,00,000 & Monthly : 10,00,000
Further based on your requirements and internal assessment these can be enhanced. You can write to us at letstalk@bankopen.co to enhance your limit.