The 10-year tenure you see for an E-NACH mandate is a standard banking and regulatory setting, similar to how UPI Autopay mandates are created for long durations.
It is designed to:
- Avoid the need for frequent re-registration
- Ensure uninterrupted auto-debit capability
This does not mean that your loan or EMIs will run for 10 years.
The mandate only acts as a payment authorisation window — your EMIs will be deducted strictly according to your actual loan tenure.
Once your loan is fully repaid:
- The mandate automatically becomes inactive for that loan
- It cannot be used to debit any further amount