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News on Indian Economy and Sectors, which have impacts in the market.

 
RBI raises OTP-free limit for recurring payments to Rs 15000
22-Apr-26 14:40Hrs IST

The Reserve Bank of India (RBI) has notified changes in the E-mandate Framework for 2026. Under the Digital Payments ' E-mandate Framework, 2026, the RBI has raised the limit for recurring transactions that do not require Additional Factor Authentication (AFA)' known as an OTP'to Rs 15,000 per transaction. RBI has also notified a special Enhanced Limit for essential financial services. Payments for insurance premiums, mutual fund subscriptions, and credit card bills can now be processed without an OTP for amounts up to Rs 1,00,000.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise