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.
UPI Mandate clarification
We have updated the loan verification process to ensure smooth and secure transactions. Please follow the steps below to complete the process and activate your loan: Initiate Loan Application: Proceed to apply for the loan in the app. UPI ...
What happens with the UPI mandate?
With this feature you can pre-authorise (Mandate) a transaction, for debit from your bank account later.
How to approve the mandate request?
To approve your mandate and activate your loan, follow these steps: Initiate Loan Application on the app. Complete the UPI verification prompt. Review and verify the Loan Sanction Letter. Enter the OTP received on your registered mobile. Approve the ...