Paytm charge 100 rs penalty

[ankitshukla]

Starting 1st June 2023, NACH mandate rejection due to insufficient a/c balance (excluding FD balances) will lead to a penalty of Rs.100 PBL what does it means?? Got message from paytm

 

[Tejo]

Starting 1st June 2023, NACH mandate rejection due to insufficient a/c balance (excluding FD balances) will lead to a penalty of Rs.100 PBL what does it means?? Got message from paytm

If you given auto debit mandate, the transaction fails, bank levy a penalty of 100 for each failure transaction.

You can give mandate via debit card, net banking, cheque.