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Advice on NACH/ Mandate

Finchamp!

TF Premier
Hi All,

I want to setup a NACH/ e-mandate for autodebit from my RUPAY CC, for the following -

1. Meaningful Charity in India - I explored the Karma Program on IDFC's portal but that only allows creating a recurring donation from IDFC A/C (or IDFC CC, maybe..)

2. Investment (except NPS - Tier 1) - While SEBI disallows CC based investments on products regulated by it (Mutual Finds, Shares etc.), investing in Digital Gold, Invoice Discounting etc. seems possible

3. Wallet/ Pre-paid card - Looking for options which do not charge any extra free/ charges upon being loaded.

PS: I have gone through threads on this Foram which, at least, answer Q2 & Q3, but my focus basically is on those options which allow setting up monthly/ bi-monthly autodebits from my RUPAY CC.

In your solutions, please also confirm the min. value of the autodebits, if possible. Cheers!

 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Hi All,

I want to setup a NACH/ e-mandate for autodebit from my RUPAY CC, for the following -

1. Meaningful Charity in India - I explored the Karma Program on IDFC's portal but that only allows creating a recurring donation from IDFC A/C (or IDFC CC, maybe..)

2. Investment (except NPS - Tier 1) - While SEBI disallows CC based investments on products regulated by it (Mutual Finds, Shares etc.), investing in Digital Gold, Invoice Discounting etc. seems possible

3. Wallet/ Pre-paid card - Looking for options which do not charge any extra free/ charges upon being loaded.

PS: I have gone through threads on this Foram which, at least, answer Q2 & Q3, but my focus basically is on those options which allow setting up monthly/ bi-monthly autodebits from my RUPAY CC.

In your solutions, please also confirm the min. value of the autodebits, if possible. Cheers!
Tried on policy bazar rupay not acceptable
 
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