EconomyFriday, 24 April 2026·The Hindu
RBI’s April 2026 e-mandate framework eases recurring digital payments up to ₹15,000
RBI on 22 April 2026 waived OTP for recurring payments up to ₹15,000 under a consolidated digital payments e-mandate framework.
Key highlights
Direct fact
In April 2026, the Reserve Bank of India (RBI) issued a consolidated digital payments e-mandate framework that removed the Additional Factor Authentication (OTP) requirement for automatic recurring transactions up to ₹15,000.
Key specifics
- One-time e-mandate registration still requires Additional Factor Authentication (AFA).
- Recurring auto-debits up to ₹15,000 can now run without OTP for each transaction.
- For insurance premiums, mutual funds and credit card bills, the non-AFA limit is raised to ₹1 lakh.
- Banks must send a pre-debit alert at least 24 hours before the scheduled debit.
- The framework also extends to cross-border recurring payments and bars extra charges on customers.
Exam lens
Question type: RBI policy and digital payments, e-mandate, AFA, ₹15,000 limit, ₹1 lakh exceptions, 24-hour alert. TNPSC may ask which transactions are exempted and what consumer safeguards were added.