RBI has raised the AFA limit of e-mandates for transactions from Rs. 5 – InterviewSolution

InterviewSolution

1.	RBI has raised the AFA limit of e-mandates for transactions from Rs. 5,000 to how many Rupees?
Answer» The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.

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