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EMandate & NACH Collection Infrastructure

Make EMI collections easier with eMandate and NACH.

QwikPe is the unified collection engine for EMI loans, trade credit, subscriptions, and deposit plans with automated mandate setup, real-time status, and bank-grade settlement visibility.

99.4% Recurring mandate success rate
₹1.4L Cr Mandate value processed annually
1 min Average UMRN activation time
Integrated API-first collections with webhook events and lender dashboards
Compliant NPCI NACH, RBI, and eMandate-ready process controls
Scalable Designed for large loan books, multiple payout schedules, and live reconciliation
Lender Operations Stream Live Feed
Active Mandates
₹1,42,850 Cr
Success Rate
99.4%
#MND-8492 — HDFC Loan EMI Success (UTR: 5382)
#MND-8493 — Bajaj Housing Success (UTR: 5383)
#MND-8494 — Tata Capital M013 — Insufficient Funds
Every collection model covered

Built for every recurring payment use case

Collect loans, trade credit, deposits, subscriptions, and device financing from one well-organized service with audit-ready controls.

Loan Collections

Recurring EMI repayments

Automate EMI debit cycles with UMRN-backed mandates, intelligent retry logic, and settlement reconciliation.

Trade Credit Collections

Distributor & MSME credit

Collect trade credit repayments from retailers and sellers using scheduled mandate debits and status alerts.

Deposit Collections

Recurring deposits

Schedule fixed deposit debits, monitor customer fulfillment, and track reconciliation in one ledger.

Subscription Collections

Subscription billing

Manage weekly, monthly, and annual subscription payments with automated retries and reminder workflows.

Tally Integration

Enterprise ERP sync

Push collection and settlement data directly into Tally for faster bookkeeping and audit reporting.

Device Financing

Financed asset collections

Support device finance journeys with auto-debit schedules, reminder triggers, and closure workflows.

What lenders need

Built for regular collections, not one-off tasks

Designed to manage recurring NACH debit collections clearly and without extra complexity.

Fast mandate issue and bank authentication

Borrowers authenticate with net banking, debit card or Aadhaar OTP, then the mandate moves to NACH registration.

Mobile lender tools

Field teams can monitor collections, upload KYC, and check settlements from a mobile interface.

Simple commission billing

Generate lender invoices automatically from successful collections, with fees and taxes handled clearly.

Status tracking and reports

See payment status, retries, and settlements in clear reports you can export as needed.

Standardized Lifecycle

How QwikPe Operates

A simple, step-by-step flow from mandate setup to settlement.

Step 01

Initiate & Register

Set loan conditions, schedule debit dates, and add customer bank details through the web console.

Step 02

Authenticate & Issue UMRN

The borrower authenticates with their bank, and the mandate receives a UMRN to become active.

Step 03

Execute & Settle

Collections run on schedule, and settled amounts are posted to the lender account more reliably.

Got Questions?

Frequently Asked Questions

Everything you need to know about eMandates, UMRN generation, authentication, and lender settlements.

A mandate is an instruction given by a customer to their bank allowing a lender (NBFC, bank, or financial institution) to automatically debit recurring EMI payments on scheduled due dates without requiring manual payment approval each month.
QwikPe supports UPI AutoPay and eMandate registrations across all major scheduled commercial banks in India and leading UPI apps integrated through NPCI NACH and Easebuzz infrastructure.
Customers can authenticate eNACH mandates securely using their Net Banking credentials, Debit Card verification, or biometric Aadhaar OTP directly on their bank's secure portal.
No. Once the initial eMandate is successfully authorized and a Unique Mandate Reference Number (UMRN) is issued, subsequent recurring EMI presentations are auto-debited on their scheduled dates.
Yes. Lenders and financial institutions must complete company onboarding and submit verified KYC documents, which are reviewed and approved by the Super Admin before going live.
Successful collections are netted of platform fees and GST, then settled directly to the lender's verified bank account in accordance with standard NACH clearing and settlement cycles.

Ready to Modernize Your Collections?

Schedule a technical review with our architecture team to discuss integration timelines and custom SLAs.

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