For a single day, the maximum transaction amount allowed for mandate creation is limited to 1 lakh.
You can create a mandate for rupee 1 as well.
No, you can only use one linked bank account against each mandate.
Yes, while creating a mandate you can check the real time balance against every added bank account and select one of them with sufficient balance to proceed or you can add a new bank account as well.
Yes, your mandate amount cannot exceed the balance in your bank account. For example if you are creating a mandate of rupees 5000 then the link bank account that you are using should have a minimum balance of rupees 5000.
No, your mandate start date should be either current system date or any future date within 90 days.
End date cannot be more than 90 days from start date as well as mandate creation date.
Yes, you can create the mandate with the same start date and end date however if the start date and end date are on the same day, then the mandate will expire at time 23:59:59.
You can simply select any valid VPA and choose to pay later in order to create a mandate.
Freecharge UPI 2.0 allows you to now pre-authorize a transaction and pay on a later date with UPI mandate feature. These mandates are created with one-time block functionality for transactions that can be processed later while making a commitment at present. You can benefit from...