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Debit Card MDR Charges in India: Rates, RBI Rules and Cost Calculation

calendar_today September 29, 2026 person Rishabh Ranjan domain cashfree

TL;DR Debit card MDR is the merchant-side cost of accepting a debit card payment. It is usually deducted before settlement, with GST applied to the fee. For most debit cards, RBI caps MDR at 0.40%, subject to ₹200 per transaction, for merchants with turnover up to ₹20 lakh.

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