Facility for registration and/or validation of e-NACH mandate for payment of loan can be completed with Net banking or Debit card credentials.

This facility can be used by loanees as follows:

• All the loanees can both register and validate the e-NACH mandate using this facility as a continuous process.
• On collecting required data, validation of bank account will be done online with net banking or debit card.
• Mandates can be registered only for banks which are participating in the e-NACH process.
• Mobile number and Email address are mandatory along with bank account details.
• Frequency of payment cannot be changed using this process.
• This option can be used for loans where all EMIs due till date are duly paid.
• Once request is registered online, three days are available for validation of bank account.
• Please ensure that once bank account validation with net banking or debit card is started after required data is entered, the same needs to be completed within 10 minutes.

Declaration

I hereby state that I have no objection and give my consent in sharing my bank details with Goa Education Development Corporation. I also understand that Goa Education Development Corporation will use this information only for the purpose of registration of e-NACH mandate.