Sponsor banks for NACH Debit eMandates

Pro merchants can use LotusPay to create eMandates with their own sponsor bank.

Pro merchants can use LotusPay to create NACH Debit eMandates with their own sponsor bank. You would receive direct credit of collected funds.

The following sponsor banks are live for eMandates:

• Axis Bank

• AU Small Finance Bank

• Equitas Small Finance Bank

• Deutsche Bank

• Federal Bank

• HDFC Bank

• ICICI Bank

• IDBI Bank

• IDFC FIRST Bank

• IndusInd Bank

• Kotak Mahindra Bank

• Paytm Payments Bank

• South Indian Bank

• State Bank of India

• South Indian Bank

• Ujjivan Small Finance Bank

• Yes Bank