What Is E-Mandate ? E-Mandate Kya hai

 What Is E-Mandate ?

What Is E-Mandate ? E-Mandate Kya hai
What Is E-Mandate ? E-Mandate Kya hai


e-Mandate is a digital payment service introduced by the RBI and National Payments Corporation of India

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This process serves as the underlying infrastructure for firms to gather payments without manual intervention.
What Is E-Mandate ? E-Mandate Kya hai
What Is E-Mandate ? E-Mandate Kya hai



When you make a EMI card, you give permission to deduct money from your bank account, 

the same linking is called e-mandate.
After purchasing a product, every month money will be deducted from your bank account automatically, NO Manual Action

Why E-mandate Is Important

E-mandating is necessary because when you take a product, it also has to be paid every month.

We cannot give money again and again manually, so e-mandate is necessary.