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Corporate Laws Central Ministry of Finance Payment and Settlement Systems Act, 2007

NPCI issues Inclusion of Purpose Code and Lite Reference Number in Adjustment Report

31-Mar-2026 | NPCI/UPI/OC No. 231/2025-2026

NPCI has issued a circular on the Inclusion of the Purpose Code and Lite Reference Number in the Adjustment Report. Key highlights are as follows: 1. Applies to member banks using the URCS adjustment report; enables better reconciliation by including new fields. 2. New fields added: Purpose Code – replaces Chargeback Date (“Chbdate”); displayed as a 2-digit value in the adjustment report. Lite Reference Number (LRN) – replaces Chargeback Reference Number (“Chbref”); length remains 35 alphanumeric characters. 3. Report format: The adjustment report (".csv") remains unchanged except for the two new fields. 4. Implementation date: The changes shall be effective in URCS from May 15, 2026. 5. Action for member banks: Ensure all relevant systems are updated to incorporate these changes before the go-live date. For More Details Kindly Refer the Attached PDF.

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