UPI Charges 2026: MDR Rules, UPI Limits & FAQs Explained

As per an official NPCI press release announced on 15th September, 2026, a MDR of 0.4% will be introduced on Person-to-Merchant (P2M) UPI transactions above ₹2,000. For transactions below ₹2000, there are no MDR charges, presently. Read on to know the complete details about the newly levied UPI charges for merchants and how these new UPI fees affect normal consumers as well as answers to your commonly asked questions related to UPI fees and charges. UPI Charges 0.4% MDR for P2M Transactions w.e.f. 15th Oct 2026 UPI will be charged a 0.4% MDR for P2M (Person to Merchant) transactions for amounts above Rs.2000. The maximum MDR capped per transaction is ₹300. These UPI charges are decided by the UPI and Services Steering Committee, headed by the National Payments Corporation of India (NPCI) and will come into effect from 15th October 2026. Also read: Top 5 Instant Loan Apps in India: Know the Good vs Bad Check out our DesiDime recharge and bill payment offers group to know the latest deal