wallet loads are blocked by so many banks now if you try to load morethan 5k in one go. And also dooing multiple smaller transactions also will get the card temporarily blocked citing security reasons.
Then the bank will call you asking why you're trying to load wallets etc etc. And they need to be convinced to take off the hold.
Once hold is taken off, try to load again, it will again get blocked.
normally phonepe hold is for 24 hrs from the tie you load money. after that it can be withdrawn. I have done it for upto 80K in one shot and it worked.