How to set up UPI Autopay for your recurring payments

AFA is a one time process for below transactions ₹5,000 and same as approval using OTP at the time of registration.

With UPI Autopay, customers can enable recurring e-mandate using any UPI application for recurring payments like mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual fund and loan payments. up to others ₹5,000 if the amount exceeds ₹5,000, the customers have to execute every mandate with the UPI PIN.

As RBI’s new auto-debit rule on AFA has come into effect from October 1, here is an explanation of the procedure for setting up e-mandate in the UPI app to maximize the benefits of using the autopay option.

First, log in to the BHIM UPI app and click on the ‘Auto Debit’ option, and then click on ‘Mandate’.

Any UPI-enabled application will have a ‘Mandate’ section through which customers can create, modify, pause as well as revoke auto-debit mandates.

The next step is to manage the mandate. This section allows customers to view their past mandates for their reference and records. UPI users can create e-mandate through UPI ID, QR scan or intent.

Users should next select the payment frequency or duration. According to the National Payments Corporation of India (NPCI), the auto-debit mandate pattern has been designed keeping in mind the customers’ spending on recurring payments. Mandate can be set for one time, daily, weekly, fortnightly, monthly, bimonthly, quarterly, half yearly and yearly.

Next users should add merchant name and select auto debit date and then finally click on ‘Proceed’.

Customers need to authenticate their account through UPI PIN once and the monthly payment will be automatically debited later.

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Individual users and merchants are expected to benefit from this feature, as mandates are generated instantly and payments are deducted automatically on the authorized date.

According to NPCI, some of the banks, merchants and aggregators that go with UPI Autopay are Axis Bank, HDFC Bank, ICICI Bank, IDFC Bank, Paytm Payments Bank, State Bank of India, Yes Bank, IIFL Securities, Helpage India, Cry, Bajaj Finserv, Netflix and Disney+ Hotstar.