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Paper Mandate

You can generate and submit paper mandates using your dashboard, bulk uploads or using APIs.
Yes, you can use both modes as per your customer’s convenience.
The maximum amount for any one transaction with paper mandates is Rs 1 crore. There is no limit on the number of transactions.
Typically customers of Insurance Providers, Asset Management Companies, Utility Payment Companies, and others request for physical mandate process. This could be because the recurring debit amount is larger than Rs 1 lakh or the customer does not hold cards or does not have net banking facility.