Now you will be able to pay gold loan and FD through UPI, government’s big decision

The government has taken a big decision for UPI users. The National Payments Corporation of India has made a big change in the rules of payment through UPI. Now users can pay the amount of gold loan, business loan and FD through UPI anywhere. The loan account can be linked to the UPI account. With the help of this, you will be able to pay business loans with credit cards through UPI apps like Paytm, PhonePe, Google Pay. This rule will be applicable from September 1, 2025.

Will be able to pay loan payment without going to bank:
To make the payment process easier and safe, NPCI has recently taken several important decisions. Now it has been announced to increase the scope of payment once again. Currently, UPI users can only connect savings account or overdraft account with UPI.

Some Rupay Credit Cards are associated with UPI. But their number is less. Now with the new rule, customers will be able to withdraw gold loan and personal loan money online without going to the bank.

NPCI decided some rules:
The current rules of UPI have P2M money transfer facilities. But with the implementation of new rules, P2P as well as P2 PM transactions will also be possible. Not only this, withdrawal of money will also be possible. But NPCI has fixed some rules for this. For example, users will be able to pay a maximum of Rs 1 lakh a day.

This makes the bank decide what you will be able to pay through UPI. If you have taken a personal loan, then the bank should pay the loan amount only for hospital bills or school or college fees. This facility is especially beneficial for small entrepreneurs who take a business loan of up to Rs 2-3 lakh. There is no need to go to the bank again and again for payment.