How to setup auto debit of personal loan EMIs? | 5paisa

How to setup auto debit of my personal loan EMIs?

Auto Debit of EMI can be setup by providing a Bank Mandate. This comes in the last stage of loan application where you can download the mandate, sign and upload a scan image for the mandate to be processed with your bank.
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    • How Do I Pay My Personal Loan EMIs?

      Your monthly EMI’s will be deducted from your bank account selected by you at the time of loan application. EMI date will be 3rd of every month.
    • What is the process and documents required for the personal loan?

      Get loans in 3 easy steps- Fill in your details Check your bureau score Set up a mandate & get disbursal  Below are the list of documents that required for the personal loan- Identity proof- A selfie ID proof- PAN Card Address proof- Adhaar card/ ...
    • What is Auto Pay and how to set up Autopay?

      Autopay or mandate is an instruction to your bank to transfer money to 5paisa on a regular basis to fulfill all your Systematic Investment Plan (SIP) registered with us. It helps in effortlessly transferring money to us without you going to the ...
    • Are there any additional fees & charges applicable for personal loan?

      Processing fee is 2% to 4% + GST (additional convenience fee of ₹ 500 is also applicable)   Late payment charges in case of default (2% compounded monthly)
    • Does 5paisa Provide personal loans?

      5paisa by itself does not lend money for personal loans. We have tie up with India Infoline Finance Limited (IIFL), a reputed NBFC to provide personal loans to our 5paisa customers.