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RBI E-Mandate Changes for Recurring Transactions by ishanttripathi2002 is a document available to read on EtoBox.

The Reserve Bank of India has increased the limit for Additional Factor of Authentication (AFA) relaxation for processing e-mandates for recurring transactions from ₹ 2,000 to ₹ 5,000, effective January 1, 2021. This change is based on stakeholder requests and aims to enhance customer protection. Transactions not compliant with these instructions must cease by March 31, 2021.

Author

ishanttripathi2002

Language

EN