diff --git a/litellm/__init__.py b/litellm/__init__.py
index 2e23191a18a..226078ed4f5 100644
--- a/litellm/__init__.py
+++ b/litellm/__init__.py
@@ -143,6 +143,7 @@ model_cost_map_url: str = "https://raw.githubusercontent.com/BerriAI/litellm/mai
 suppress_debug_info = False
 dynamodb_table_name: Optional[str] = None
 s3_callback_params: Optional[Dict] = None
+default_key_generate_params: Optional[Dict] = None
 #### RELIABILITY ####
 request_timeout: Optional[float] = 6000
 num_retries: Optional[int] = None  # per model endpoint
diff --git a/litellm/proxy/proxy_server.py b/litellm/proxy/proxy_server.py
index c1e3fe4f627..d9944e6e192 100644
--- a/litellm/proxy/proxy_server.py
+++ b/litellm/proxy/proxy_server.py
@@ -1117,6 +1117,9 @@ class ProxyConfig:
                     # see usage here: https://docs.litellm.ai/docs/proxy/caching
                     pass
                 else:
+                    verbose_proxy_logger.debug(
+                        f"{blue_color_code} setting litellm.{key}={value}{reset_color_code}"
+                    )
                     setattr(litellm, key, value)
 
         ## GENERAL SERVER SETTINGS (e.g. master key,..) # do this after initializing litellm, to ensure sentry logging works for proxylogging
@@ -2385,6 +2388,26 @@ async def generate_key_fn(
                 raise HTTPException(
                     status_code=status.HTTP_403_FORBIDDEN, detail=message
                 )
+        # check if user set default key/generate params on config.yaml
+        if litellm.default_key_generate_params is not None:
+            for elem in data:
+                key, value = elem
+                if value is None and key in [
+                    "max_budget",
+                    "user_id",
+                    "team_id",
+                    "max_parallel_requests",
+                    "tpm_limit",
+                    "rpm_limit",
+                    "budget_duration",
+                ]:
+                    setattr(
+                        data, key, litellm.default_key_generate_params.get(key, None)
+                    )
+                elif key == "models" and value == []:
+                    setattr(data, key, litellm.default_key_generate_params.get(key, []))
+                elif key == "metadata" and value == {}:
+                    setattr(data, key, litellm.default_key_generate_params.get(key, {}))
 
         data_json = data.json()  # type: ignore