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p2pStatus: published
UPI Peer-to-Peer (P2P) Transactions: 100% Free
Personal money transfers between individuals via bank accounts or UPI handles attract zero consumer charge and zero merchant fee.
Official Rule Specification
Rule ID: rule-p2p-free
Status: published
Payment Type: p2p
Effective From: 2016-04-11
Consumer Fee: ₹0
Fee Type: free (free)
Fee Cap: None
Source: PIB PRID: 2310586
Calculation Formula & Mechanics
Total Consumer Fee = ₹0, MDR = ₹0
Applies To
Money sent to family, friends, personal UPI IDs, phone numbers, or split among individuals.
Does Not Apply To
Commercial payments made to registered businesses, merchant QR codes, or payment gateways.
Official Regulatory Attribution
Organization: Ministry of Finance, Government of India
Document Identifier: PIB PRID: 2310586
Publication Date: 2026-09-15
Last Verified: 2026-09-17