e-Mandate (ई-मैंडेट)
An e-mandate is your standing digital authorisation allowing an institution to automatically debit your account for recurring payments such as loan EMIs. Both e-NACH and UPI Autopay are ways to set one up, and you can cancel a mandate through your bank or UPI app.
Worked example
While taking a ₹20,000 loan you digitally sign a mandate for "₹5,000 maximum, monthly, 6 months". Each month's ₹3,600 EMI (total repayment ₹21,600) is debited automatically; after the loan closes, confirm the mandate is cancelled.