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DEBIT MANDATE FAILURE
Final May 2026 Social Security payment: Which SSA retirees, SSDI and survivor beneficiaries get up to $5,181 deposits Wednesday?- Bounced cheque, debit mandate failure? You could face up to 2 years in jail, know the real cost of payment failures
- Penalty for mutual fund SIP non-payment can cost more than your SIP amount
- Explained: How to handle a missed mutual fund SIP contributionMutual fund houses don’t impose penalties for missed SIP payments, but banks may charge fees for insufficient funds or dishonoured auto-deb...12 Feb, 2025, 11.56 AM IST
- Missed your mutual fund SIPs? Here is how to avoid cancellation of the SIPHave you missed your mutual fund SIPs? Three consecutive missed SIP instalments can lead to SIP cancellation. Here is what you can do to av...30 Dec, 2024, 06.30 AM IST
- High charges on NACH, ECS debit bounce: Even 17% return on mutual fund SIP may not be enough to recover penaltiesMutual fund SIP has become a popular tool for small retail investors to do small regular savings and get the benefit of higher returns from...19 Jan, 2024, 03.36 PM IST
- Sebi extends deadline to update PAN/bank details in demat accounts till Dec 31Earlier, the regulator said all trading accounts and dematerialised accounts, which do not have ‘choice of nomination’ by September 30, wil...26 Sep, 2023, 06.28 PM IST
- Kotak Mahindra Bank hikes annual charges on debit cards: Check latest chargesCustomers of Kotak Mahindra Bank have received a letter informing them of an increase in annual debit card fees that will be effective from...27 Apr, 2023, 01.49 PM IST
- Sebi extends deadline for filing nominations to demat accounts till September 30"Stock Exchanges and Depositories are advised to make necessary amendments to the relevant bye-laws, rules and regulations, operational ins...28 Mar, 2023, 01.21 PM IST
- More than just token protectionAccording to the Reserve Bank of India (RBI), which is embarking on a globally unique online consumer protection initiative, card details w...18 Oct, 2022, 12.26 AM IST
- Many recurring payments across OTTs, cloud storage fail as platforms ignore RBI rulesFrom October 1, 2021, banks are required to reach out to customers before deducting money towards payments based on standing debit instruct...14 Feb, 2022, 06.00 AM IST
- Standing auto debits see high decline ratesMore than two months after the Reserve Bank of India made it mandatory for banks to reach out to customers before initiating standing debit...13 Jan, 2022, 06.30 AM IST
- Third-party apps turn on UPI autopay modeAutopay allows users to make recurring transactions below Rs 5,000 through UPI apps. Most of these currently take place through card-based ...07 Sep, 2021, 06.36 AM IST
- Razorpay-Mastercard's Mandate HQ to aid banksPlatform to help banks with recurring payments07 Jul, 2021, 06.00 AM IST
- UPI, IMPS bank transfer failed? When you will get refund, what to do if you don'tOn April 1, 2021, many customers faced issued related to the transfer of money via NEFT, IMPS and UPI. As per replies by customers to the N...03 Apr, 2021, 11.04 AM IST
- Your auto-debit payments for subscriptions, bills set to fail next monthRBI refuses more time to comply with a new rule that requires banks to send a notification to customers five days before the payment is sla...30 Mar, 2021, 01.38 PM IST
- Details of 1 million Indian cards up for sale onlineIt is believed that the data dump could have been obtained by skimming details from the magnetic stripe on the cards. Researchers at Group-...31 Oct, 2019, 11.30 AM IST
- Bank to pay you Rs 100 per day penalty for delay in transaction beyond these limitsRBI has issued a circular on TAT harmonisation and customer compensation in case of failed transactions.12 Oct, 2019, 09.05 PM IST
- ATMs not giving cash a common worryAbout 16,000 complaints, or 10% of all customer grievances at the banking ombudsman offices in FY18, were registered under the head ‘accoun...02 May, 2019, 01.39 PM IST
- eNACH suspension may pinch digital lendersDigital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...24 Nov, 2018, 07.21 AM IST
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