Latest news with #Rupay
Mint
16-07-2025
- Business
- Mint
New UPI guidelines related to pre-sanctioned credit lines to come into force from Aug 31 onwards
If you are a frequent user of UPI, it is recommended to stay abreast of the changes made in the digital payment ecosystem. NPCI, which runs UPI, issued a circular dated July 10 introducing some new guidelines with regards to pre-sanctioned credit lines. Before that, let us first understand some background. In September 2023, NPCI issued a circular allowing the pre-sanctioned credit lines to be enabled on UPI (Unified Payments Interface). Earlier only savings accounts, overdraft accounts, prepaid wallets and Rupay credit cards could be linked. But later, the scope of UPI was broadened to include credit lines as a funding account as well. Under that facility, payments made through a pre-sanctioned credit line issued by a scheduled commercial bank to individuals with prior consent of the individual customer are enabled for transactions using the UPI system. Now the latest circular dated July 10, 2025 has incorporated more changes to the earlier facility. The National Payments Corporation of India (NPCI) said in the circular that the customer experience to be made consistent across interest bearing credit lines and end use of such pre-sanctioned credit lines being linked to UPI will be aligned with the purpose for which loan was granted. I. Issuers will stipulate terms and conditions of use of such credit lines. The issuer will also ensure compliance of use of such credit lines. The issuer will also ensure compliance with extant regulatory guidelines, Bank policy, legal requirements, and the defined purpose of such interest bearing credit line offering. II. Issuer will approve or decline transactions initiated via UPI as per extant regulatory guidelines, and defined purpose of the credit. III. All UPI member banks, sub members, PSPs (payment service providers) and the third party app providers will enable additional MCCs for transactions through interest bearing account types. The circular signed by Kunal Kalawatia, chief of products, NPCI, reads that all UPI member banks, sub members, PSPs, credit line issuers and third party app providers are instructed to implement these changes before Aug 31, 2025. For all personal finance updates, visit here
Time of India
12-07-2025
- Business
- Time of India
20 UPI Rupay credit cards to earn cashback, rewards, airport lounge access from everyday payments
List of 20 UPI Rupay credit cards Academy Empower your mind, elevate your skills Card Fee (joining/annual) Rewards Caps/Limits Exclusions / Notes Axis Fibe Rs 0 3% cashback on food/delivery/entertainment/commute and 1% other Capping of Rs. 1500/- per statement cycle 1% fuel surcharge waiver up to Rs 400/mo; 4 lounges/yr IndusInd Platinum Rs 0 2 reward points per Rs 100 UPI transaction; Can redeem up to 2,500 reward points per calendar month for cash credit 1% fuel surcharge waiver 1 reward point on Rs 100 transaction on other spends Edge CSB UPI Rs 499 joining fee and zero annual fee 10% cashback on shopping brands, 5% on travel and 1% on online & offline spends monthly cashback limit of Rs. 3,000 HDFC UPI Joining and Renewal Fee - Rs99/- 3% on Groceries, & Dining spends, 2% on Utility spends and 1% on other spends 5%/3% capped at 500/month; Cashback on other spends, exclude Rent, Wallet loads, EMI, Fuel, Insurance Payments & Government categories 1% UPI capped at 500/month Federal Scapia Rs 0 10% reward on every eligible online and offline spend No limit on rewards unlimited domestic lounge, shopping or spa by spending Rs 15,000 on Rupay card every month Yes Bank Kiwi Rs 0 1% discount on fuel Rewards are capped at 1% of the total credit limit per month - 2% cashback on payments using Kiwi app Axis supermoney Rs 0 3% cashback on upi transactions via supermoney app 500 per statement cycle 1% fuel charge waiver HDFC PhonePe Ultimo Rs 999 joining and renewal fee 10% rewards points on PhonePe spends 1000 cap per category per month 8 airport lounge access in a year and 1% waiver on fuel charges 5% on Flipkart, Amazon, Swiggy, Zomato, Uber, Myntra & AJIO 1% on Scan and Pay through any UPI app HDFC PhonePe Uno Rs 499 joining and renewal fee 2% rewards points on PhonePe spends 500 cap per category per month 1% waiver on fuel charges 1% on Flipkart, Amazon, Swiggy, Zomato, Uber, Myntra & AJIO 1% on Scan and Pay through any UPI app Slice super Rs 0 up to 3% cashback on spends Capp undisclosed If you spend more on fuel and commute cards Card Fee Rewards Caps/Limits Exclusions / Notes IndianOil Axis RuPay Rs 500 Joining fee and annual fee NIL for the 1st year and Rs 500 from 2nd year onwards 4% cashback on fuel and 1% on online shopping. 10% discount on movie tickets with book my show. 15% discount on partner restaurants via eazy diner The fuel waiver applies to transactions between Rs 400 and Rs 4,000, and is capped at Rs 50 per statement. - A monthly cap of Rs 5,000 on eligible online transactions IndianOil Kotak Annual fee of Rs 449 4% Reward Points on IndianOil Fuel Spends, 2% Reward Points on Grocery and Dining spends, On all other spends, 0.5% Reward Points. 1200 reward Points are capped per statement cycle for fuel spends and 800 Reward Points are capped for Grocery and Dining spends. All UPI on Credit Card transactions will accrue 0.5% Reward Points on every INR 150 spent, across spend categories HPCL BOB Energie Annual and joining fee of Rs 449 24 Reward points per rs 150,1% fuel surcharge waiver on Rs 400–Rs5,000 fuel spends, 10 points on Utility & departmental store spends per Rs categories (including UPI) is 2 points per Rs 150 Fuel reward points are capped at 1,000 points per statement 4 complimentary domestic airport lounge entries per year (1 per quarter), tied to minimum quarterly spends. IDFC First Power / Power+ Rs 199 for power/Rs 499 for power+ Power Fuel rewards are capped at up to 700 RPs/month for power and 2,400 for power+ 1 free domestic airport lounge visit per quarter if monthly spends ≥ ₹20,000 (only on power+) - Fuel (HPCL): 21 reward points per Rs 150 - Grocery/Utility/FASTag Recharge: 15 rewards points per Rs 150 Roadside Assistance (both): ₹1,399 cover, 4 times per year - UPI & Other spends: 2 Rewards points per Rs 150 Power+ 30 rewards points on fuel and grocery and 3 on UPI and other spends per Rs 150 BPCL SBI Octane Rs 1,499 25X Reward Points on fuel purchases at BPCL petrol pumps Maximum 2500 Reward Points per billing cycle 4 complimentary visits per calendar year to Domestic VISA lounges 6.25% + 1% Fuel surcharge waiver on every BPCL transaction upto Rs 4000. 10 Reward Points on every Rs. 100 spent at Dining, Departmental Stores, Grocery & Movies Shopping and lifestyle cards: Card Fee Rewards Caps/Limits Exclusions / Notes Tata Neu Infinity Rs 1,499 joining and renewal fee 5% rewards points on Tata brands; 1.5% on UPI Rewards points are cap Rs 500/mo Rental and Government related transactions will not earn rewards Tata Neu Plus Rs 499 joining and renewal fee 2% rewards points on Tata brand and 1% on UPI Rewards points earned on Grocery transactions will be capped to 1,000/month and Utility transactions will be capped at 2000 per calendar month Rental and government-related transactions will not earn rewards Myntra Kotak RuPay Rs 500 Joining and annual fee Instant Discount of 7.5% on all spends done across Myntra Platforms. maximum discount of Rs.750 per transaction HDFC MoneyBack+ Rs 500 joining and annual fee 10X CashPoints (3.3% Valueback) on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore & BigBasket UPI rewards are capped at rs 500/month 2 CashPoints per Rs 150 spent on other spends All UPI spends will earn, 2 Reward points for every Rs.150 spent Federal Signet Rs 0 3x rewards on spends for Electronics & Apparel categories, 2x rewards on Entertainment category and 1x rewards for other categories. Capping only on select categories Buy One Get One on INOX movie tickets, once a quarter and Complimentary Swiggy vouchers on quarterly spend of ₹20,000 Most of us use UPI for everyday payments such as shopping or eating out. What if making payments via UPI can get you cashback and reward points? This is possible if you make payments using UPI RuPay credit cards . Several leading banks are now offering UPI RuPay credit cards, which combine the convenience of UPI for making payments with the benefits of credit card read: These credit card deals can help you make most of Amazon Prime Day sales from July 12 to July 14: check details ET Wealth online provides you with a list of UPI Rupay credit cards that offer cash back, rewards, and airport lounge is a list of 20 UPI Rupay credit cards where you can earn rewards and cash back based on your spending patternCRED has shared the data in all the tables mentioned above. The data is as of July 10, 2025. UPI RuPay Credit Card on UPI apps like Google Pay and PhonePe?To link your UPI Rupay credit card on UPI apps such as Google Pay, Phone Pe or BHIM, you are first required to download the desired app. Once the app is downloaded, you must complete the registration the app, select the UPI Rupay Credit Card option. Enter the credit card details such as credit card number, CVV, expiry date, etc. Verify the card with the OTP and set up the UPI PIN to make payments with the UPI Rupay Credit the linking is successful, you can start making payments via UPI Rupay credit cards to make the payment.
Mint
21-05-2025
- Business
- Mint
Axis Bank Supermoney Rupay Credit Card: Earn 3% cashback on UPI—Is it worth it?
UPI transactions make life easy as they are cashless, quick, and convenient. What if you can get 3% cashback on these UPI transactions? It will be the icing on the cake, right? The Axis Bank Supermoney Rupay Credit Card offers 3% cashback on UPI transactions. Let us look at the features and benefits of this credit card and whether it is a good card to have. The Axis Bank Supermoney Rupay Credit Card is a co-branded credit card from Axis Bank and supermoney from Flipkart. The credit card is offered on the Rupay platform and can be used for UPI transactions. The Axis Bank Supermoney Rupay Credit Card offers 3% cashback on QR transactions done on/through the supermoney platform. So, if you are someone who uses UPI a lot, this card can help you save some money through cashbacks. All other qualifying spends are eligible for a 1% cashback. The total cashback that can be earned in a monthly statement cycle is capped at Rs. 500. So, if a cardholder does all eligible scan and pay UPI transactions, on spending Rs. 16,667, the maximum cashback of Rs. 500 will be reached. The other benefits of the card include: Fuel surcharge waiver Exclusive cashback offers on merchants like Ola, Myntra, MakeMyTrip, etc. The Axis Bank Supermoney Rupay Credit Card does not provide any reward points for any transaction. The cashback earned in a monthly billing cycle will be credited in the next billing cycle, 3 days prior to the statement generation date. For example, suppose the statement generation date is the 15th of the month. So, the cashback earned for the May billing cycle will be credited on 12th June. The cashback will be calculated based on the spends done during the statement period minus any returns or refunds during the same period. If the purchase or transaction is returned, cancelled, or reversed post the statement generation date, the cashback toward such transactions will be debited on the date of such purchase or transaction reversal. In the case of conversion of a transaction to EMI at a later date, cashback earned on such a transaction will be reversed during the same billing cycle as EMI conversion. The spends on the following categories will not earn any cashback: Repayments Fuel transactions Jewellery Cash withdrawal Wallet loading Insurance premium payments Education-related payments Government services Rental transactions EMI transactions Purchases converted to EMI post facto The Axis Bank Supermoney Rupay Credit Card is a lifetime free credit card. There is no joining fee or annual renewal fee. The primary purpose of this credit card is for UPI transactions. However, the customer will get the physical card free, which can be used for other offline transactions to earn 1% cashback. There are some credit cards that offer up to 2% cashback on UPI transactions. The Yes Bank Klick Rupay Credit Card offers up to 5% cashback. The cashback is applicable for cardmembers who have the Kiwi Neon membership (annual fee Rs. 999 + Taxes). The cashback starts from 2% for UPI scan and pay transactions done through the Kiwi App. On achieving various spend-based milestones, the cashback increases as follows: 3% cashback on eligible spends of Rs. 50,000 + 1 domestic airport lounge access 4% cashback on eligible spends of Rs. 1,00,000 + 1 domestic airport lounge access 5% cashback on eligible spends of Rs. 1,50,000 + 1 domestic airport lounge access All the above milestone spends must be done in the Kiwi Neon annual membership period to earn up to 5% cashback. So, the Yes Bank Klick Rupay Credit Card provides up to 5% cashback on UPI transactions, which is better than the 3% cashback provided by the Axis Bank Supermoney Rupay Credit Card. However, it involves the Kiwi Neon annual membership fee of Rs. 999 + Taxes. Also, the cashback starts at 2% and increases as the cardmember achieves the various spend-based milestones. On the other hand, the Axis Bank Supermoney Rupay Credit Card does not involve any fees as it is lifetime free. Also, the card provides a flat 3% cashback on all eligible transactions without any spend-based milestones. Do you do a lot of UPI transactions to pay various merchants for purchase of various goods or to avail various services? If yes, you may consider the Axis Bank Supermoney Rupay Credit Card. UPI transactions usually don't give any benefits, except under some limited-time offers or credit cards. So, if the Axis Bank Supermoney Rupay Credit Card is giving a 3% cashback on UPI transactions, it is a big benefit. Also, the cashback benefit comes without any additional costs as the credit card is lifetime free. Gopal Gidwani is a freelance personal finance content writer with 15+ years of experience. He can be reached at LinkedIn.
Hindustan Times
27-04-2025
- General
- Hindustan Times
UPSC Recruitment 2025: Apply for 40 Senior Veterinary Officer and other posts at upsc.gov.in
Union Public Service Commission has invited applications for Senior Veterinary Officer and other posts. Eligible candidates can apply online through the official website of UPSC at This recruitment drive will fill up 40 posts in the organisation. The last date to apply is May 15, 2025. The last date for printing of complete submitted online application is upto May 16, 2025. Read below for eligibility, selection process and other details. 1. Scientist-B: 6 posts 2. Scientific Officer: 4 posts 3. Professor: 1 post 4. Lecturer: 1 post 5. Technical Officer: 3 posts 6. Training Officer: 9 posts 7. Senior Veterinary Officer: 16 posts RRB JE CBT 2 Answer Key 2025 released, download via direct link; know about objection window Candidates who want to apply for the posts can check the educational qualification and age limit through the Detailed Notification available here. The category-wise minimum level of suitability in interviews, irrespective of whether the selection is made only by interview or by Recruitment Test followed by interview, will be UR/EWS-50 marks, OBC-45 marks, SC/ST/PwBD-40 marks, out of the total marks of interview being 100. Govt taking several measures to ensure employment opportunities keep growing for youth, says PM Modi Candidates (Except Female/SC/ST/Persons with Benchmark Disability Candidates who are exempted from payment of fee) are required to pay a fee of Rs. 25/- only either by remitting the money in any branch of the SBI by cash or by using net banking facility of any bank or by using Visa/Master/Rupay/Credit/Debit Card/UPI payment. No fee for SC/ST/PwBD/Women candidates of any community. No "fee exemption" is available to Gen/OBC/EWS male candidates and they are required to pay the full prescribed fee.
Khaleej Times
26-01-2025
- Business
- Khaleej Times
Stone temple, first IIT overseas campus: 4 recent milestones for Indian community in UAE
With nearly 4 million members, the Indian community forms the largest expatriate population in the UAE. Hailing from diverse backgrounds and cultures, the people of the subcontinent have left a mark on UAE – from areas like business and education, to food and music. As India celebrates its 76th Republic Day today, here is a look at some of the firsts for the Indian community, UAE, and the broader region over the last year. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Rupay In February 2024, UAE saw the launch of a new domestic payment card called Jaywan. In a collaboration across borders, the card was built on India's digital RuPay credit and debit card stack. During the launch, Indian Prime Minister Narendra Modi presented President Sheikh Mohamed with a personalised card, who then used it to make a transaction. With all UAE residents expected to have a Jaywan card in two years for the domestic market, co-badged cards would also be issued, in partnership with Mastercard and Visa to meet travellers' needs for foreign markets. UAE cards can also be used in India, while RuPay cards issued in India can be used in the Emirates. These transactions will also be carried out in the local currency. Middle East's first stone temple In early 2024, Abu Dhabi saw the construction of the BAPS Hindu Mandir, the emirate's only Hindu temple. The intricately-carved traditional structure is also Middle East's first stone temple. The plot of land for the temple was allocated by President Sheikh Mohamed, who also selected the traditional plan, saying: "If you're building a temple, it should look like a temple", according to Brahmaviharidas Swami, who headed the iconic project. The temple was hand-carved in thousands of pink sandstone and white marble, according to the ancient Hindu 'Shilpa shastras' – Sanskrit scriptures of architecture and sculpture. With no entry fee, the temple is open to people of all religions and faiths. The temple is open six days a week from 9am to 8pm and will remain closed for visitors on Monday. Visitors need to register through the official website to gain entry. First visit of Indian Prime Minister after 34 years After over 3 decades, an Indian Prime Minister set foot onto UAE soil when Narendra Modi visited the Emirates in 2015, 34 years after Indira Gandhi's visit in 1981. In an earlier interview with Khaleej Times, the leader said that the prolonged gap in visits to UAE was unintentional, and hailed the "deep historical links and unmatched level of familiarity" between the two countries. Modi described the UAE as a 'Mini-India' and "a paradise built up in a desert with unmatched vision and remarkable skill." The Indian leader was received by Sheikh Mohamed, who was then Crown Prince of Abu Dhabi. Since that first visit in 2015, Modi has been to the Emirates multiple times and forged deep bonds with the UAE President, who he often fondly refers to as his "brother". First overseas campus The Indian Institute of Technology (IIT-Delhi) opened the doors to its first international campus in September 2024. Located in Abu Dhabi, the IIT-Delhi Abu Dhabi campus offered two bachelor's programmes – B. Tech. in computer science and engineering, and B. Tech. in energy engineering for the academic year 2024-2025. The institute is open to Indians residing in the UAE, Emiratis, and international students, based on entrance examinations. The inauguration of the campus was attended by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. In October 2024, the Indian Ministry of Commerce and Industry announced that the first overseas campus of the Indian Institute of Foreign Trade (IIFT) is expected to open in Dubai in early 2025. The campus will function from the India Pavilion at the Expo City in Dubai, offering short and medium-term training programmes as well as research opportunities.
