Mandate fields

NACH Debit mandates include general details, creditor details and customer details.

These are the main fields that appear in an NACH Debit mandate.

General details

• Type - CREATE / AMEND / CANCEL

• Date - the date on which the customer submitted authorisation

• Frequency - the maximum frequency with which transactions can be taken (optional)

• Amount - either Fixed or Maximum

• First collection date - the start date

• Final collection date (optional, nil value means 'Until cancelled')

• Category code

• Reference 1 - Customer reference (optional)

• Reference 2 - Plan/scheme reference (optional)

Creditor (merchant) details

• Creditor agent - the RTGS head office IFSC of the sponsor bank

• Creditor name - the beneficiary or the merchant

• Creditor utility code - the NACH user code of the creditor

Debtor (customer) details

• Bank account name (physical mandates can have up to three joint account holders)

• Bank account number

• Bank account branch IFSC/MICR (physical mandate only)

• Bank NACH code (generally first four characters of IFSC, eMandate only)

• Bank account type - savings, current (usually includes cash credit and overdraft), other (NRE/NRO and some other business account types).

• Email

• Mobile

• Phone

• PAN

You can create mandates in LotusPay via API, forms and file import. We reduce the complexity by pre-filling and validating many details.