On September 26, 2025, the Reserve Bank of India announced the WMA Limit for Government of India for October 2025 – March 2026. The limit for Ways and Means Advances (WMA) for the second half of the financial year 2025-26 (October 2025 to March 2026) will be ₹50,000 crore. The Reserve Bank of India may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit and retains the flexibility to revise the WMA limit at any time. The interest rate on WMA will be the Repo Rate and the interest rate for Overdraft will be two percent above the Repo Rate.
Contact information: Reserve Bank of India, Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in.
This information was released under Press Release: 2025-2026/1185 by Puneet Pancholy, Chief General Manager.
Key Entities Referenced
Ways and Means Advances (WMA): A facility used by the Government of India to borrow from the Reserve Bank of India to meet temporary mismatches in receipts and payments.
Reserve Bank of India: The central bank of India, responsible for managing the country's monetary policy.
Mumbai: Location of the Reserve Bank of India's central office.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
September 26, 2025
WMA Limit for Government of India for October 2025 – March 2026
Reserve Bank of India, in consultation with the Government of India, has decided
that the limit for Ways and Means Advances (WMA) for the second half of the
financial year 2025-26 (October 2025 to March 2026) will be ₹50,000 crore.
Reserve Bank of India may trigger fresh floatation of market loans when the
Government of India utilises 75 per cent of the WMA limit.
Reserve Bank of India, in consultation with the Government of India, retains the
flexibility to revise the WMA limit at any time taking into consideration the prevailing
circumstances.
The interest rate on WMA/Overdraft will be as under:
a. WMA: Repo Rate
b. Overdraft: Two percent above the Repo Rate
(Puneet Pancholy)
Press Release: 2025-2026/1185 Chief General Manager