Back to rules directory
p2mStatus: published
Educational Institutions Above ₹2,000: Flat ₹5 MDR
Schools, universities, and recognized educational fee collections have a flat ₹5 MDR per transaction above ₹2,000.
Official Rule Specification
Rule ID: rule-p2m-education-above-2000
Status: published
Payment Type: p2m
Effective From: 2026-10-15
Consumer Fee: ₹0
Fee Type: flat (flat)
Fee Cap: ₹5
Source: PIB PRID: 2310586
Calculation Formula & Mechanics
Amount > ₹2,000: Consumer Fee = ₹0, MDR = ₹5.00 flat
Applies To
Accredited schools, colleges, exam fee portals, and universities.
Does Not Apply To
Commercial private coaching or unaccredited lifestyle workshops.
Official Regulatory Attribution
Organization: Ministry of Finance, Government of India
Document Identifier: PIB PRID: 2310586
Publication Date: 2026-09-15
Last Verified: 2026-09-17