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  1. True Balance
  2. e-NACH

e-NACH

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enach or emandate related queries

  • 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?
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