MANDATE CANCELLATION
Mandate Cancellation
NACH or ECS Cancellation request is used to cancel automatic debits from your account every month for telephone bills, electricity bills, instalments, insurance premiums or loan EMIs.
Submit the request below. Cancellation will be processed in 7 days, subject to fulfilment of all terms and conditions.
Mandate – Frequently Asked Questions (FAQs)
- What is a Mandate?
A mandate is a standing instruction to debit a client's account periodically for transactions such as Systematic Investment Plans. An offline mandate uses a physical request form; an e-mandate is completed digitally.
- Can I register a new bank account for e-mandate?
Yes. Existing as well as new bank accounts may be registered for the e-mandate facility.
- Can a mandate be deleted, cancelled or edited?
Cancelling a registered mandate also cancels systematic transactions mapped to it. Change the payment mode of those transactions before cancelling the mandate.
Mandate Request
To cancel, please fill out the information below.