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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

1 source · first seen 23:15 24 Sept · updated 23:15 24 Sept

The brief

Written from 1 report · check the source before you trade
  • From 15 October, UPI debt-collection transactions above ₹2,000 will attract a ₹5 MDR
  • Payment firms and lenders may face higher collection costs or borrower friction on EMI repayments

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1 report · earliest 23:15
MintUPI MDR on loan repayments: What charge applies to EMIs and who bears it? Here's what borrowers need to know23:15