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UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?

16 Sept 2026 · 2d ago

UPI will introduce MDR on select merchant payments above ₹2,000 from 15 October, but the new charge does not apply uniformly to all UPI transactions. Mutual fund SIPs through UPI AutoPay remain outside the prescribed MDR, while one-time capital-market payments get a lower 0.02% rate.

This article was aggregated from LiveMint — Money. Continue reading for the complete story.

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