What is the new limit for auto-debit mandates done through cards and UPI (after June 2022)?

• A. Rs.15,000
• B. Rs.10,000
• C. Rs.20,000
• D. Rs.5,000

Answer: (A)

The Reserve Bank of India increased the limit for auto-debit mandates done through cards and unified payment interface (UPI) to Rs.15,000.