Official UPI Payment Rules Directory
Complete repository of verified Indian payment rules, fee caps, merchant categories, and source citations updated against the September 2026 Ministry of Finance framework.
Personal money transfers between individuals via bank accounts or UPI handles attract zero consumer charge and zero merchant fee.
All retail and commercial merchant payments up to and including ₹2,000 remain completely free for both the consumer and the merchant.
Specified essential public services, electricity/water utilities, municipal tax collections, and educational institutions have a fixed flat ₹5 MDR cap above ₹2,000.
Schools, universities, and recognized educational fee collections have a flat ₹5 MDR per transaction above ₹2,000.
Mutual fund investments, stock broking, and depository transactions carry a specialized regulatory interchange capped at ₹50 per transaction.
Standard merchant transactions above ₹2,000 attract a 0.40% Merchant Discount Rate (MDR) payable by the merchant/acquirer. A maximum cap of ₹300 applies for any transaction of ₹75,000 or above. Consumers pay ₹0.