I am facing the same problem for the last 8 days, created an issue at help.ea.com and had live chats with the support team on 3 separate occasions and no one is able to solve it yet.
They just keep telling us to try again or report to the banks while the banks say they cannot do anything and are just following the rules set by the Reserve Bank of India.
The main issue is that EA allows only credit cards for payment in India and always tries to set a standing instruction for the next renewal.
Finally, the only option I found was to buy EA Play annual subscription on steam. As EA Play Pro is not available, I also separately bought FIFA 23 with a 10% discount available with EA Play.
