Yes, an eMandate can be set up using a joint account.

-Here's a step-by-step guide in simple words on how to set up an eMandate with 5paisa using a joint account:

 

Step-by-Step Guide to Set Up an eMandate with 5paisa

• Go to the 5paisa website or open the 5paisa app.
• Enter your username and password to log in.
• Find the section for setting up an eMandate. This is usually under "Mutual Funds" or "SIP".
• Choose the mutual fund or investment plan you want to set up an eMandate for.
• Enter the amount you want to be debited from your account.
• Choose how often you want this to happen (monthly, quarterly, etc.).
• Specify how long you want this to continue.
• Provide your joint bank account details.
• You may need to verify this setup using an OTP sent to your phone or email.
• Sometimes, you might need to submit a signed form to your bank.
• Authorise the setup through net banking, debit card, or Aadhaar-based verification.
• After successful setup, you will get a confirmation message or email.

Special Steps for Joint Accounts

• Both account holders might need to authorise the eMandate. 
• This can be done by both providing OTPs or signing a form.
• Ensure your joint account is eligible for eMandates. Some banks have specific rules for joint accounts.
• Different banks have different rules for joint accounts. Check with your bank if there are any special requirements.
• Be aware of any maximum limits set by your bank for eMandates.

By following these steps, you can easily set up an eMandate with 5paisa using a joint account.