login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

1. How to create an E-mandate

mahindra-finance-author

by Mahindra Finance

|

October 1, 2024

|

1 mins read

Step 1: Log in to Mahindra Finance Customer Mobile Application

Step 2: Select the e-Mandate option

Step 3: Go through all the personal details and click on the 'Verify via OTP' option

Step 4: Enter the code received on your registered mobile number and click on 'Verify OTP'

Step 5: Select the preferable option amongst ‘Netbanking’, ‘Debit Card’ and ‘UPI’ and then click on the 'Create E-mandate' option. Fill in the details based on your preferred registration mode

Step 6: If you decide to go ahead with the UPI option, open the application where the request has been received and click on 'Approve Autopay'. Alternatively, if you select the 'debit card/ net banking' option, you will be redirected to the 'CAMS Page'. Here you can click on your mode of registration, read the disclaimer and then submit it. CAMS is an accredited aggregator of the e-Mandate process via NPCI.

Step 7: Once you complete either of the processes mentioned above, you will be redirected to Mahindra Finance's App. Afterward, you can see the Mahindra Finance e-Mandate status in your Mahindra Finance account.

Related articles

7 Different Types of SME Loans Available In India

Introduction Running a small or medium-sized enterprise (SME) comes with its fair share of challenges. From managing cash flow to expanding operations, there are numerous financial hurdles along the w...

KNOW MORE

May 8, 2024

How-to-use-Personal-Loans-for-Freelancers

How To Use Personal Loans For Freelancers

Introduction As a freelancer, you understand the challenges of managing your finances without a consistent monthly income. Whether you’re a writer, designer, or consultant, there may be times wh...

KNOW MORE

August 13, 2024

Mastering Financial Planning: A Guide To Using FD Calculators Effectively

Why use an FD interest rate calculator? Financial planning helps to secure our future and achieve our financial goals. One popular investment tool that can help us in this endeavour is a Fixed Deposit...

KNOW MORE

March 4, 2024