After successful authentication of the mandate, you will receive confirmation of success or failure of the mandate acceptance. The corresponding message shall be displayed on the True Balance application.
Articles in this section
- What is e-NACH?
- What is the cap on the e-NACH mandate amount?
- Are there any e-NACH bounce charges charged by lenders?
- How will I come to know whether the mandate has been accepted by the sponsor bank?
- When can the lender initiate the e-NACH to debit the customer account?
- Can I request True Credits to execute the e-NACH on a specific date if I failed to repay on the due date?
- Once my loan is closed, do I need to request True Credits to deregister the e-NACH?
- Does e-NACH Auto-Debit work on all days?
- Can I repay the loan repayment through the True Balance app on or before the due date?
- What will happen if my bank account balance is insufficient on the Loan EMI due date?
Comments
0 comments
Article is closed for comments.