Merchant Discount Rate (MDR) charged on UPI transactions basis Merchant Category Code

173°
Deal Cadet
sanjeevgoyal20

Dear Merchant Partner,

Thank you for partnering with HDFC Bank for your payment acceptance needs.

As per NPCI OC circular No. 202/2024-25, effective 16th October 2024 there will be MDR charged on Unified Payments Interface (UPI) transactions which are initiated by customer via linked Credit-line account.

Rate of MDR will be charged as follows, basis MCC ( Merchant Category Code) allocated basis nature of business of the merchant.

MDR:
1. For Non industry Segment: 1.3%
2. For Industry Segment: Please refer below table.

MCC Description MDR Rates
8244 Business and secretarial schools 0.8%
1750 Carpentry contractors 1.2%
7349 Cleaning, maintenance, and janitorial services 0.8%
8220 Colleges, universities, professional schools and junior colleges 0.8%
1771 Concrete work contractors 1.2%
8241 Correspondence schools 0.8%
9211 Court costs, including alimony and child support 0.8%
5960 Direct marketing insurance services 0.8%
1731 Electrical contractors 1.2%
8211 Elementary and secondary schools 0.8%
5814 Fast food restaurants 1.2%
9222 Fines 0.8%
5541 Service Station 0.9%
5542 Automated Fuel Dispensers 0.9%
5983 Fuel Dealers 0.9%
1520 General contractors residential and commercial 1.2%
9399 Government services not elsewhere classified 0.8%
5411 Groceries 1.2%
1711 Heating, plumbing and air-conditioning contractors 1.2%
6300 Insurance sales, underwriting and premiums 0.8%
9405 Intra Government Transactions 0.8%
5261 Lawn and garden supply outlets, including nurseries 0.8%
4111 Local and suburban commuter passenger transportation, including ferries 0.8%
1740 Masonry, stonework, tile setting, plastering and insulation contractors 1.2%
5499 Miscellaneous food shops convenience and speciality retail outlets 1.2%
763 Agricultural Cooperative 0.8%
780 Horticulture and Landscaping Service 0.8%
820 Fertilizer dealers 0.8%
821 Pesticides / Insecticides 0.8%
822 Seeds 0.8%
823 Farm Equipment 0.8%
824 Agricultural Machinery 0.8%
825 Other Agri Inputs 0.8%
9402 Postal services government only 0.8%
4112 Railways 0.8%
6529 Remote Stored Value Load - Member Financial Institution 0.6%
1761 Roofing, siding and sheet metal work contractors 1.2%
1799 Special trade contractors not elsewhere classified 1.2%
9311 Tax payments 0.8%
4784 Tolls and bridge fees 0.8%
8249 Trade and vocational schools 0.8%
4789 Transportation services not elsewhere classified 0.8%
4900 Utilities electric, gas, water and sanitary 0.8%
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7 Comments  |  
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Deal Subedar Deal Subedar
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Increased or decreased from previous?

Deal Cadet Deal Cadet
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Only for Credit-line account.not for CC and SB accounts. Is it applicable for < 2k transactions?

Finance Mentor Finance Mentor
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All transaction amounts. Only Credit line-UPI transactions.

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Heart of Gold Heart of Gold
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So now more merchants will disable UPI with CC.

Heart of Gold Heart of Gold
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Oh I think I missed read it, it is only credit line and not UPI via Rupay CC.

Sorry if someone read my comment and got confused.

Continue to enjoy Rupay CC over UPI as long as it lasts.

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