New Rule From March 1: Pay For Insurance Premium Through Blocked Amount On UPI, Mandates IRDAI

IRDAI has allowed a facility of the UPI One Time Mandate to be used by insurers, that allows users to block funds in their bank accounts for specific transactions, ensuring availability of funds while deferring actual payments. 

Feb 20, 2025 - 09:45
 0  4
New Rule From March 1: Pay For Insurance Premium Through Blocked Amount On UPI, Mandates IRDAI
IRDAI has allowed a facility of the UPI One Time Mandate to be used by insurers, that allows users to block funds in their bank accounts for specific transactions, ensuring availability of funds while deferring actual payments. 

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow