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RBI Increases limit of e-mandates for Transactions up to Rs 15,000

Published on June 17, 2022
Current Context: Reserve Bank raised the Additional Factor of Authentication limit from Rs 5,000 to Rs 15,000 per transaction.
RBI Increases limit of e-mandates for Transactions up to Rs 15,000
  • This limit applies to all e-mandates on cards, Prepaid Payment Instruments (PPIs), and UPI for recurring transactions.
  • The main objective of the E-mandate is that an individual can give standing instruction to the bank to debit a specific amount automatically on a recurring basis.
  • RBI also stated that additional authentication will not be needed for payment of Rs 15,000 per transaction.
  • Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA.


Q.1 As per the recent RBI Circular the limit for the e-mandate transactions has been increased from 5000/- to _________from immediate effect?
a. 20,000/-
b. 15,000/-
c. 25,000/-
d. 10,000/-
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