Recurring e-Mandate

byPaytm Editorial TeamLast Updated: August 19, 2025

Full Form & Meaning

An e-Mandate (Electronic Mandate) is an online standing instruction set up by customers to allow automatic recurring payments.

Usage

It is used for bill payments, subscription fees, loan EMIs, or insurance premiums. Once authorized, payments are deducted automatically on scheduled dates.

Benefits

  • Saves time with automation
  • Avoids missed payments
  • Secure and RBI-regulated

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