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You can find the list of banks supported for e mandate here. There is no limitation on the number of banks supported by Cashfree Payments. We support all the banks supported by NPCI.
The corresponding bank authenticates the end-customer by asking them to enter their net banking credentials or their debit card credentials. Here, the debit card credentials are only used to authenticate the customer. This ensures, the e mandate continues uninterrupted even in the case of debit card expiry during the mandate tenure.
The maximum limit per debit for an eNACH mandate is ₹50,00,000.
The banks maintain all the e-mandates created by their customers. In order to cancel the mandate the customer can reach out to their bank.
Yes.
Utility Code or Corporate User ID is a User Identification Number that is allotted by NPCI. The Utility Code helps to identify the business in whose favor the mandate is being issued. A mandate request cannot be initiated without a Utility Code in the Mandate Management System.
Collect recurring payments upto ₹15,000 instantly through mandates created via any UPI app. Reduce loss of revenue with 30% higher success rates on mandate creation.
Learn MoreCollect payments on your website or app. Verify account details before doing customer refund.
Learn MoreVerify and onboard vendors, collect payments from customers, deduct commissions, and split payments between vendors or your own bank accounts.
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