Read in Hindi
A mandate is a permission you give to the lending partner to automatically deduct your EMIs from your bank account on the due date.
This helps you:
- Avoid missing payments
- Prevent late fees
- Support a healthy credit history
Mandates like UPI AutoPay are standard for loans and are designed to be safe and secure, making your repayment process smooth and hassle-free.
Still have questions about completing your UPI mandate? We've got you covered! Watch this 1-minute guide to complete your mandate and clear up common doubts.