NACH e-Mandate API
Enables businesses to collect recurring payments by allowing users to electronically authorize auto-debit mandates directly from their bank accounts.
Key Features:
- Paperless, real-time mandate creation
- User authorizes debit using Net Banking or Debit Card
- Supports recurring payments (EMIs, subscriptions, insurance, etc.)
- Mandate tracking and status updates via API
- NPCI-compliant and bank-approved solution
- Valid across all major Indian banks
Input Required:
- Customer Name
- Customer’s Bank Account Number & IFSC Code
- Mobile Number & Email ID
- Maximum Debit Amount
- Frequency (Daily / Weekly / Monthly / Quarterly / Yearly)
- Start Date & End Date of mandate
- Authorization Mode: Net Banking or Debit Card
Output:
- Mandate Registration Status (Success/Failure)
- Mandate Reference Number (UMRN)
- Bank Name
- Customer Details (masked)
- Debit Authorization Status (Authorized / Pending / Rejected)
- Error Code & Message (if applicable)
Security & Compliance:
- NPCI & RBI compliant
- 2FA (Two-Factor Authentication) using OTP/Net Banking
- Encrypted data exchange with partner banks
- Auto-reconciliation & dashboard reports
