Rupay Credit Card: With Rupay Credit Card, you can now easily buy products on EMI through UPI app. This new rule is coming into effect from May 31, 2024.
Rupay Credit Card New Feature: Now a new feature has been added to Rupay Credit Card by National Payment Corporation of India (NPCI). This new feature will work on UPI platform. Under this, you can shop on EMI through RuPay Credit Card only through UPI App.
Will be implemented from May 31, 2024
This new feature on RuPay Credit Card is going to start from May 31, 2024. After this, you can easily apply for EMI from your Rupay credit card through UPI app. The special thing about this new feature is that you will be able to easily convert your old purchases into credit card EMI. For this, you have to go to the transaction history of the UPI app and select the transaction which you want to convert into EMI. After the EMI starts, it will also be visible in your UPI app.
Will be able to do UPI autopay
With UPI app you will be able to manage your credit card account easily. With this you can settle the loan through one-time payment. At the same time, you can easily pay your EMI through UPI Autopay. Apart from this, limit management facility has been introduced by NPCI. Through this, users can now apply for increase in credit limit through UPI app. This feature has been started by RBI to manage the credit line. In this, users use financial resources as per their need.
Let us tell you, approval was given by IBI to link RuPay credit card to UPI in June 2022. At present, you can easily link RuPay credit cards of most of the big banks of the country on the UPI app.
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