What are the charges for eMandate?
As of now, there are no fees associated with eMandates. This means
that users do not incur any charges when setting up or using electronic
mandates for transactions. This absence of charges applies to various aspects
of the eMandate process, including registration, maintenance, and transactions
themselves. Therefore, users can enjoy the convenience and benefits of
eMandates without incurring any additional costs.
Related Articles
Which banks support eMandate?
You can find the list of banks that support eMandate by visiting the following link: List of Banks Supporting eMandate.
What is the per day limit of eMandate transactions?
The per-day limit for eMandate transactions on 5paisa is ₹1,00,000. This limit aligns with the recent guidelines issued by the Reserve Bank of India (RBI), which increased the eMandate limit from ₹15,000 to ₹1,00,000 per transaction for specific ...
What are the charges for adding funds?
At 5paisa, the charges for adding funds to your account are as follows: Net Banking UPI IMPS Rs.10 Free Free
Can eMandate be set up using a joint account?
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 ...
What are the Delayed Payment Charges?
Delayed Payment Charges (DPC) are fees charged when there is a delay in making payments for your trades. Interest Rate: DPC is charged at a rate of 0.045% per day (Billed weekly).