Economy News

E-Mandate Framework 2026

April 24 , 2026 14 hrs 0 min 44 0

The Reserve Bank of India has issued the new Digital Payments E-Mandate Framework 2026.
The framework standardises rules for recurring digital payments across cards, Unified Payments Interface (UPI) and prepaid payment instruments.
Customers must complete one-time registration with Additional Factor of Authentication (AFA).
Recurring payments up to ₹15,000 can be done without AFA; for insurance, mutual funds and credit cards, the limit is ₹1 lakh.
Banks must send pre-debit notification 24 hours before the transaction and allow the opt-out option.
No charges will be levied for using the e-mandate facility, improving transparency in digital payments.