UPI Mandate

byPaytm Editorial TeamLast Updated: July 18, 2025

Meaning

A UPI Mandate is a pre-approved instruction that allows automatic debit of funds from your bank account at a scheduled time. It’s commonly used for subscriptions, EMIs, and advance bookings.

How It Works

You approve a mandate for a specific amount and date. The funds are reserved in your account and automatically debited when the due date arrives.

Use Cases

UPI Mandates are ideal for recurring payments and one-time authorizations where money is deducted at a future date.

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