I set my maximum bid to Rs. 15 for one of my adwords campaign, but some of the keywords CPC is more than Rs. 15 and reached to Rs. 30. Then what is the meaning of maximum bid. THe estimated CPC of this keyword was Rs. 7 in Keyword Planner. This is really confusion for me. Please anyone clarify!
MaxCPC is the highest amount you are willing to pay for click on certain keyword. Eg. MaxCPC for XXX is 1$ But you have a high qualityscore and you pay 0,35 $. Estimated CPC is the average CPC for group of keywords.