An E-Mandate is an electronic payment service that allows you to authorize recurring payments from your bank account. It's a secure and convenient way to manage regular debits for services like loan EMIs, insurance premiums, SIPs (Systematic Investment Plans), and utility bills, among others.
Key Features and Benefits of our E-Mandate Service:
- Convenience: You can set up recurring payments without the hassle of writing and submitting post-dated cheques.
- Security: Our E-Mandate service uses a secure and encrypted platform to ensure the safety of your financial information.
- Time-Saving: The process is entirely digital, saving you time and effort.
- Paperless: It's an eco-friendly alternative to traditional paper-based mandates, reducing paperwork and administrative overhead.
- Control: You have complete control over your recurring payments. You can set a maximum debit amount, a specific frequency, and a validity period for the mandate.
- Instant Notifications: You will receive instant notifications for every successful or failed transaction.
How to Register for E-Mandate:
To avail of our E-Mandate services, you can either:
- Contact your Service Provider: If you are signing up for a service (e.g., insurance, loan, etc.) that offers the E-Mandate option, simply select Universal Co-operative Urban Bank Ltd. from the list of banks and follow the instructions provided by the service provider.
- Visit our Branch: You can visit your nearest Universal Co-operative Urban Bank Ltd. branch to get assistance with the E-Mandate registration process. Our staff will guide you through the necessary steps.
Important Note:
- Please ensure you have sufficient balance in your account on the due date to avoid failed transactions and potential charges.
- The E-Mandate can be cancelled or modified at any time by contacting your service provider or the bank, as per the terms and conditions.
For any further assistance or queries regarding our E-Mandate services, please contact our customer support or visit your nearest branch. We are committed to providing you with secure and efficient banking solutions.
