Which settlement and ledger rules in POS system must be updated to post high-value term deposit opening UPI receipts correctly?

If your POS system accepts UPI payments for term deposit openings, you’ll need to tweak both your settlement and ledger rules to handle the new high-value UPI limits properly. Since September 15, 2025, the NPCI lets verified categories like term deposits go up to ₹10 lakh per day — but that also means your system has to treat these transactions differently from normal retail payments.
First, update your settlement rules. Tag every UPI transaction meant for term deposits with the correct NPCI purpose code INVS_TD. This ensures they aren’t mixed with normal sales payments. Route them through a separate investment or deposit settlement batch rather than the standard POS batch, because banks may process these through different merchant codes and timings. Large-value UPI payments (above ₹2 lakh) often settle on a T+1 basis, so your settlement logic must support delayed posting. Also, only allow routing through verified PSP handles that actually support high-value UPI; not every PSP does. Finally, your reconciliation flow should match each incoming UPI receipt against a term deposit creation request so that the finance team never sees unlinked receipts in their end-of-day reports.
Next, update your ledger mapping. In normal retail flows, a UPI receipt credits sales revenue but for term deposits, that’s incorrect. Instead, when a customer opens a term deposit via UPI, the entry should debit the bank (UPI receipts) and credit a Term Deposit Liability account. Once the term deposit is actually created or confirmed in the core banking system, that liability should move to the Term Deposit Principal account. If a refund happens before creation, you’d reverse it by debiting the liability and crediting Bank UPI Refunds Payable.
You’ll also want to add some extra controls in your posting logic. Always store the NPCI purpose code (INVS_TD) in your transaction records so audits can identify investment-linked UPI flows. Maintain a link between the UPI Reference ID and the Term Deposit ID to make reconciliation painless. Set up a daily aggregate view to make sure the total UPI receipts tagged as INVS_TD don’t exceed ₹10 lakh per merchant per day. And log PSP handle details and payer VPAs to meet compliance requirements.
Before settlement posting, the POS should also verify a few things: that the PSP handle supports high-value UPI, the transaction status is successful, the settlement window hasn’t expired, and the total daily inflows for that category are still within limit. If any of these checks fail, the transaction should be flagged for manual review instead of getting auto-posted.