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How to create an E-mandate?

  • Log in to the Wall platform and navigate to the Mandate Section
  • Choose a preferred authentication method: net banking, debit card, or Aadhaar-based verification.
  • Enter the required details, accept the terms and conditions, and complete the process using the OTP sent to you.
  • Make sure your trading account ledger has a mandate creation charge of ₹8 + GST available.
  • When you initiate the mandate using net banking or debit card, a mandate creation charge of ₹7.50 is applied.
  • Once authenticated, the mandate remains valid for up to 10 days.
  • If the mandate is rejected by the bank (NACH), charges will be applied based on the bank’s response.
  • After authentication, your mandate is created successfully.

Note: If the mandate creation is initiated but not authenticated within 10 days, the mandate creation charge will be reverted. Similarly, during account opening, a creation charge of Rs. 8 + GST is held until the authentication type (debit card, net banking, or Aadhaar) is confirmed. Once authenticated through net banking or debit card, a reversal of Rs. 0.5 is processed.