E-Mandate registration involves authorizing recurring payments directly from a bank account using an electronic mandate. It enables users to set up automatic payments for services such as loan EMIs, utility bills, or subscription fees. Once registered, the specified amount is automatically debited on the scheduled date , eliminating the need for manual payments.
This process includes setting the payment amount, frequency, and duration and is secured through authentication methods like OTP (One-Time Password) or net banking.
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1. NPCI registration process for Debit card or Net banking: https://www.youtube.com/watch?v=h6HnB3Olg8U
2. NPCI registration process for UPI autopay: https://www.youtube.com/watch?v=b6-5quFkoXY