E-Mandates and fund transfers using eMandate at Upstox are free. Banks may, however, charge a penalty if a transaction fails due to insufficient funds.
The banks also charge a fee for verifying mandates. Charges per bank are as follows:
Mandate verification fees are not charged by the following banks:
Note: The charges are subject to banking norms and may change. Get in touch with your bank's customer service department for more information.