What is NACH e-Mandate?
With NACH e-Mandate, your FairMoney loan will be repaid automatically on the due date - no hassle for you!
By authorizing a NACH e-Mandate in the FairMoney app, you authorize FairMoney to debit your account on the due date of your loan.
NACH e-Mandate is safe and easy!
This process is 100% safe and regulated by RBI and NPCI (National Payment Corporation of India).
FairMoney can only debit the loan amount due on your due date.
After your loan offer, you may be prompted to authorize a NACH e-Mandate in FairMoney App
At this stage, enter your bank account number and IFSC Code