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

5 Reasons to Invest in Fixed Deposits

The best way to build your wealth is to invest wisely. As a part of this financial exercise, you can keep some portion of your savings in Fixed Deposits (FDs). These secure investment instruments offe...

KNOW MORE

June 29, 2023

Creating A Repayment Plan For Your Home Loan

Creating A Repayment Plan For Your Home Loan

Managing the repayment of a home loan can be challenging, but with careful planning and strategic decision-making, you can navigate this financial journey successfully. By creating a repayment plan fo...

KNOW MORE

August 27, 2024

Build emergency fund vs payoff car loan down payment

When it comes to managing your finances, the decision between building an emergency fund or paying off debt can be challenging. On one hand, paying off debt can save you thousands of rupees in interes...

KNOW MORE

April 17, 2024