3 new Rupay credit card rules: Now apply for EMIs, pay credit card bill, increase limit via UPI app; check details

The National Payments Corporation of India (NPCI) has announced new features for the RuPay Credit Card on the Unified Payments Interface (UPI) platform

The new features announced include EMI facility on the linked credit accounts on UPI app, Credit Account Bill Pavment, Instalment Payment and limit management. The NPCI has asked issuing entities like banks and card issuers to enable these features by May 31, 2024

Also read: RuPay credit cards on UPI in HDFC Bank, ICICI Bank, SBI and others: Annual fees, interest rate, key features


According to an NPCI press release dated March 29, 2024, “ RuPay credit cards and pre-sanctioned credit line can now be linked on UPI, enabling safe and secure payment transactions. This has provided users with the ease and increased opportunity to use their credit cards and pre-sanctioned credit line, and merchants have benefitted from the increase in consumption by being part of the credit ecosystem with acceptance of credit accounts using QR codes. To further enrich the offerings to customers and merchants on credit accounts (RuPay Credit Card on UPI and Credit Line on UPI), the following new features are now introduced.”

Details of the new features introduced:

• EMI

The UPI app will allow the user to apply for an EMI facility on the associated credit accounts. Upon approval of the applicable terms and conditions, the UPI App will accept the user's UPI PIN.

How will it be helpful?
This shall enable the user to convert their past purchases, performed using credit account into EMI through the linked UPI App from transaction history.

Also read: RBI amends these debit card, credit card rules: What card holders should know

Purchases into EMI at the time of making the transaction.
The current EMls will be shown in the correct section of the UPI app. According to the rules of the Issuer company, the user will not be permitted to change or remove the EMI, with the exception of foreclosure, as it would be considered a loan.

• Credit Account Bill Pavment/ Instalment Payment

This will allow the user to utilise the UPI app to make one-time payments or set up UPI AutoPay to pay past-due credit card bills and credit line installments for both themselves and other users.

“To do this, Payer PSP shall create UPI ID for receiving credit account bill/ instalment payment.
UPI App shall provide a view for the user to access the details of linked credit card outstanding bill/ credit line instalment details (minimum amount due, total amount due, bill due date etc). Issuer bank shall clear the dues in real-time upon receiving payments, and make the enhanced balance available to the user for usage”, according to the NPCI release.

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• Limit Management

The user will be able to request an increase in their credit limit from the issuing company. Customers will utilise this option while making significant purchases, in an emergency, when there is a tiny limit for ad hoc costs, at festivals, during family occasions, etc. Additionally, this enables the issuing bank to set lower credit limits at first, and then raise them in response to the user's spending patterns.

Note that this functionality will enable change to credit limits, through UPI Apps, which could be generic or only for a specific time period by entering UPI PIN as explicit consent from the user.

Also read: Can credit cards be used beyond the sanctioned credit limit? Check RBI’s latest FAQs