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Reserve Bank of India and the National Payments Corporation of India introduced e-Mandate as a digital payment service to help businesses streamline their payments. This process serves as the underlying infrastructure for businesses to collect payments without the need for manual intervention.

  • Physical Mandate Rs. 1 crore
  • E Mandate
    For recurring payments – Rs. 10 lakhs
    Security mandate – Rs. 50 lakhs
  • eSign based E – Mandate
    s. 1 lakh