The Reserve Bank of India (RBI) has launched the Digital Payments – E-mandate Framework, effective April 21, 2026, simplifying payments for insurance premiums, mutual fund subscriptions, and credit card bills. Under this framework, transactions up to ₹1 lakh (approximately $1,200 USD) can be processed without additional factor authentication (AFA). Users will have the ability to set and modify the validity period of their e-mandates, as well as cancel them at any time. The framework mandates that issuers send pre-transaction notifications 24 hours prior to debits, detailing the merchant's name, transaction amount, and reason for the debit. Additionally, post-transaction notifications will inform customers about the transaction details and grievance redressal options. Importantly, no charges will be imposed on customers for utilizing the e-mandate facility, and a dispute resolution system will be established to address any grievances related to unauthorized transactions.