HomeNewsIndiaAre UPI transactions free? Private banks charge a fee if you use it over 20 times a month

Are UPI transactions free? Private banks charge a fee if you use it over 20 times a month

According to a report published by IIT Bombay's Ashish Das, lenders are interpreting the law to suit them, concluding while 'payments' are expected to be free, 'transfers' are chargeable

Moneycontrol News

first published: Aug 25, 2020 05:12 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

Are UPI transactions free? Private banks charge a fee if you use it over 20 times a month

According to a report published by IIT Bombay's Ashish Das, lenders are interpreting the law to suit them, concluding while 'payments' are expected to be free, 'transfers' are chargeable

Trending Topics

News

Markets

Personal Finance

Mutual Funds

Tools

Community

Network 18 Sites

Quick Links