NPCI Guidelines on UPI AutoPay Mandate Executions
BSE notice 20260724-1 · 24 Jul 2026
Official record
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Check the official recordWhat changed
BSE Clearing Limited has issued a notice regarding new NPCI guidelines for UPI AutoPay mandate executions. Stakeholders are required to schedule all mandate execution requests exclusively during non-peak hours to ensure compliance with NPCI Circular No. NPCI/UPI/OC/215A/2025-26. Peak hours are defined as 10:00 AM to 1:00 PM and 5:00 PM to 9:30 PM. Market participants must review their existing processes and coordinate with their respective Payment Aggregators to align their scheduling systems with these requirements.
What you must do
- Review existing UPI AutoPay mandate execution processes.
- Schedule mandate execution requests only during non-peak hours.
Who is affected
Document text
NOTICE
| Notice No. | 20260724-1 |
| Notice Date | 24 Jul 2026 |
| Category | Settlement/RMS |
| Segment | Mutual Fund |
| Department | BSECL |
| Subject | NPCI Guidelines on UPI AutoPay Mandate Executions |
| Attachments | NPCI-issued-guidelines-on-the-usage-of-UPI-API-May222025 |
Dear Market Participants,
This is to inform all that NPCI has issued additional set of guidelines on the usage of UPI APIs vide Circular No. NPCI/UPI/OC/215A/2025-26 which require UPI AutoPay mandate execution requests to be initiated only during non-peak hours. Peak hours are defined by NPCI as 10:00 AM to 1:00 PM and 5:00 PM to 9:30 PM.
Accordingly, all concerned stakeholders are requested to:
- Review their existing UPI AutoPay mandate execution processes.
- Ensure that mandate execution requests are scheduled only during NPCI-prescribed non-peak hours.
- Take all necessary actions to comply with the directions issued by NPCI and communicated by respective Payment Aggregators.
Members are advised to treat this communication as important and ensure compliance.
Annexure: NPCI Circular No. NPCI/UPI/OC/215A/2025-26
This notice is being circulated for information and necessary action by all concerned stakeholders
Regards,
BSE Clearing Limited (BSECL)
Mehul Parikh VP – Mutual Funds
AshfaqueAli Kazi Manager – Mutual Funds
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 24 Jul 2026
- Document number
- 20260724-1
- Issuing division
- BSE Clearing Limited (BSECL)
- Coverage area
- securities