From 15 October, UPI transactions of more than ₹2,000 for debt collection, including loan repayments and EMI collections, will attract a ₹5 MDR. The charge is on the merchant side, not the borrower. Heres how it applies to EMIs, AutoPay and credit-linked UPI payments.
UPI MDR on loan repayments: What charge applies to EMIs and who bears it? Here's what borrowers need to know
livemint.com - 24 Sep 2026 23:15
From 15 October, UPI transactions of more than ₹2,000 for debt collection, including loan repayments and EMI collections, will attract a ₹5 MDR. The charge is on the merchant side, not the borrower. Heres how it applies to EMIs, AutoPay and credit-linked UPI payments.
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