Auto-Debit (E-Mandate) allows you to schedule recurring payments so that the specified amount is automatically deducted on the due date. This feature helps you avoid the hassle of remembering multiple payment dates every month.
To enable Auto-Debit during your loan application, follow these 2 simple steps:
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Click the “Enable” button when prompted during the application process.
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Select your preferred payment method for Auto-Debit and click “Next.”
If the request is successful, you’ll see a confirmation screen. Click “Next” again to continue with your application.
Please note: If your loan application is rejected, Auto-Debit (E-Mandate) will be automatically disabled