How E-NACH / UPI auto-pay works, its benefits, how to register, and how to cancel or modify your mandate.
With E-NACH / UPI payment service, you can now easily pay your loan EMIs from your bank account, without the need for paper-based mandates.
All you need to do is complete a one-time authentication for registration of the mandate with your Net Banking details or debit card, after which all subsequent payments will not require your intervention.
Simple and hassle-free process for collecting recurring payments.
Enhanced user experience as a result of error-free registration and payment automation.
Avoidance of late fees and penalties due to timely auto-debit of the transaction amount.
E-NACH registration link will be shared with you during the loan application process.
Once you click on the link, you will be taken to the E-NACH registration page which shows the details of the loan and the mandate.
Proceed by selecting your bank with either a Debit Card or Net Banking to register the mandate.
Once you select the option, your bank page will open up where you will need to enter the details required.
The bank may require you to enter an OTP to complete the registration.
Once you have completed the required steps, your bank will show a confirmation page on successfully registering the mandate.
You will be redirected to the E-NACH portal showing the confirmation page for successful registration.
To initiate the cancellation / modification process for your NACH, we kindly request you to connect with us through:
