{"id":8376,"date":"2026-05-14T17:25:00","date_gmt":"2026-05-14T11:55:00","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=8376"},"modified":"2026-05-14T16:46:15","modified_gmt":"2026-05-14T11:16:15","slug":"rbi-revises-auto-debit-rules-no-otp-for-payments-up-to-15000-is-it-applicable-for-both-upi-and-cards","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/rbi-revises-auto-debit-rules-no-otp-for-payments-up-to-15000-is-it-applicable-for-both-upi-and-cards\/","title":{"rendered":"RBI Revises Auto-Debit Rules: No OTP for Payments Up to \u20b915,000 – Is It Applicable for Both UPI and Cards?"},"content":{"rendered":"\n
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Synopsis: <\/em><\/strong>This article explains the new rules by the RBI related to Auto-Debit payments and their impact on OTT subscriptions, UPI, cards payments etc .<\/em><\/p>\n<\/blockquote>\n\n\n\n

Auto debit has become a major part of everyday life from Netflix subscriptions and SIPs to electricity bills and credit card payments, it is used everywhere. Now that RBI has introduced new e-mandate rules, the way these recurring payments work across UPI, debit cards, credit cards, and wallets is going to change.<\/p>

\"scapia<\/a><\/div>\n\n\n\n

What Is Auto-Debit \/ E-Mandate?<\/strong><\/h2>\n\n\n\n

An auto-debit\/e-mandate is a digital version of an instruction provided by a customer to their bank or financial institution.\u00a0This instruction allows companies to automatically deduct recurring payments such as loan EMIs, utility bills, and subscriptions directly from your bank account, credit card, or UPI, this eliminates the need for manual payments and reduces late fees. For setting up an E-mandate the customer has to fill a consent form, authenticate their identity using Net Banking credentials, Credit\/Debit Card details ,etc. Once the authentication part is done the bank sets up the recurring payment instruction and it is activated instantly. The maximum limit per transaction is \u20b915,000<\/strong> for Debit\/Credit Cards, UPI, and PPI ,additional authentication is required for a higher limit.<\/p>\n\n\n\n

What Are RBI\u2019s New Rules?<\/strong><\/h2>\n\n\n\n

No need for an OTP as payments up to \u20b915,000<\/strong> per transaction will be processed automatically after an initial Additional Factor of Authentication (AFA) setup. For specific recurring payments like insurance premiums, mutual funds, and credit card bills, the AFA-free limit will extend up to \u20b91 Lakh<\/strong>. Banks will have to send an SMS or email at least 24 hours prior to the scheduled deduction, which gives customers the option to pause, revoke, or opt out. You can now set maximum transaction caps, check exact mandate validity periods, and revoke or modify any e-mandate via your bank or issuer’s platform at any time.<\/p>