eNACH
Simplify recurring payments eNACH enables customers to automate recurring payments through secure electronic mandates. Electronic National Automated Clearing House (eNACH) allows customers to authorize recurring debits directly from their bank account for fixed or variable amounts.
Key Benefits
One-time digital mandate setup
Set standing instructions for rent, EMIs, or recurring bills so payments happen automatically without reminders.
Secure and RBI-compliant
Monitor all your Fixed Deposits and Recurring Deposits in one place.
Easy mandate management
Send money instantly using IMPS making everyday payments quick.
No manual intervention for recurring debits
Payments are automatically processed on the scheduled date without requiring any action each time.
How eNACH works?
- Authorise a digital mandate once:
Provide a one-time authorization for recurring payments through your bank using eNACH.
- Payments are auto-debited as per schedule:
Once approved, the specified amount is automatically debited from your account on the scheduled dates.
- Track and manage mandates via banking channels:
You can view, modify, or cancel your mandates anytime through your internet banking or mobile banking channels.
Security & Control
- Explicit customer consent for every mandate
- Secure authentication during setup
- Transparent debit notifications
