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UPI MDR on loan repayments: What charge applies to EMIs and who bears it? Here's what borrowers need to know

24 Sept 2026 · 2d agoSource: LiveMint — Money

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. Here’s how it applies to EMIs, AutoPay and credit-linked UPI payments.

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This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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