News From Press You can register SIP or EMI e-mandate based on debit card, netbanking details

You can register SIP or EMI e-mandate based on debit card, netbanking details

Source: Mint Apr 25, 2019

Registering a mandate for recurring payments like systematic investment plans (SIPs) and equated monthly instalments (EMIs) will now be easier for customers of Kotak Mahindra Bank. The bank has become the first bank to go live with debit card- as well as netbanking-based electronic mandate, using the National Payments Corp. of India’s (NPCI) new e-mandate platform.

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