UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?
Starting October 15, selected UPI payments above Rs 2,000 will attract a Merchant Discount Rate (MDR). But that does not mean every UPI transaction above Rs 2,000 will suddenly become chargeable. Recurring payments made through UPI AutoPay and mandates will be treated differently, while mutual funds and other capital-market transactions will fall under a separate, lower MDR rate.
