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Home / Finance / Banking / What are the E Mandate Charges in HDFC?
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What are the E Mandate Charges in HDFC?

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Summary
HDFC Bank currently charges nothing for eNACH registration or cancellation, so setting up or removing an e-mandate is free for customers. An e-mandate can run up to Rs. 1 crore, and a separate e-mandate is needed for each loan account. Charges can arise elsewhere, though: if a debit bounces because of insufficient balance, return or penalty fees may apply, so keep enough funds on the strike date.
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