How do I enable the UPI mandate?
Go to your UPI App where your UPI ID has been created
Check for the Alert popup or the notification
Verify the Mandate by confirming your UPI pin number.
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What is UPI mandate?
UPI Mandate allows you to pre-authorize a transaction and pay on a later date. This will prevent your loan from going into default.
Is UPI mandate safe?
UPI mandates is a safe process and authorized by your bank and governed by RBI.
What happens with the UPI mandate?
With this feature you can pre-authorise (Mandate) a transaction, for debit from your bank account later.
What is the charge for a failed mandate?
In case that EMI/mandate is not debited/fulfilled, a penalty of RS. 295/- is enforced. Also, sometimes the system does not enforce penalty month wise, rather it accumulates the penalty for a few months and then debit altogether. If you fail to ...
When will the prize money be credited?
If wallet balance is above Rs 100 enter your UPI Id to redeem cash directly into your account