One-time mandate
Members authorise once; every future instalment is debited automatically.
E-NACH lets members authorise loan EMIs and RD instalments to be debited automatically from any bank account. The society sets up the mandate once, presents debits every due date, and successful payments post to the right accounts on their own.
Three steps for the member, three for the society. Pick one to see it on the phone.
Sample data. Screens redrawn from the live app.
Members authorise once; every future instalment is debited automatically.
Debit the account the member already uses, at any participating bank.
Mandates are approved by the member with their own bank, not on paper.
Debits presented on schedule, monthly or at any agreed frequency.
Successful debits land in the right loan or RD account on their own.
Every return comes with its reason and goes into a retry queue.
Members hear about upcoming debits and anything that bounced.
Presented, paid and bounced, matched and reported for every batch.
ProBank builds each batch from active mandates and due instalments, presents it through the society's sponsor bank, and posts the responses back to members' accounts.
Every mandate is approved by the member with their own bank.
Debits can't exceed the maximum the member agreed to.
Each mandate carries a unique reference from registration to every debit.
Every batch is matched line by line: presented, paid and returned.
Online with their own bank, using net banking, a debit card or Aadhaar e-sign, depending on what their bank supports.
The return comes back with its reason, the instalment stays due on the account, and it's queued for a retry while the member is reminded.
Yes. Mandates can be amended or cancelled; the society handles the request with the member's bank.
Yes. Batches are built from ProBank's due instalments and the results post straight back to loans and RDs.
Loan EMIs and recurring deposit instalments, at monthly or other agreed frequencies.
We'll show a mandate going live and a batch posting itself, then plan the rollout with your sponsor bank.