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

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI One WorldLast Updated: September 10, 2025

Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…

Cheque BounceLast Updated: September 10, 2025

Meaning Cheque Bounce occurs when a bank refuses to honor a cheque due to insufficient funds, signature mismatch,…

UPI ChargesLast Updated: July 16, 2025

Definition UPI Charges refer to the fees that may be applied to certain UPI transactions, especially commercial or…