Why is the mandate registration status not updated?
The mandate registration status may not be updated due to the following reasons:
- Incomplete Authentication: The user may not have completed the required authentication process.
- Pending Bank Approval: The mandate approval might still be pending from the bank’s side.
- Processing Time:
- e-NACH Mandate: Typically takes 1 day but can take 3-5 days in some cases.
- Physical Mandate: Verification can take 7-10 days to process.
If your mandate status is still not updated after the expected time frame, please reach out to support.equiruswealth.com for assistance.
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Why is the mandate registration status not updated?
The mandate registration status may not be updated due to the following reasons:
- Incomplete Authentication: The user may not have completed the required authentication process.
- Pending Bank Approval: The mandate approval might still be pending from the bank’s side.
- Processing Time:
- e-NACH Mandate: Typically takes 1 day but can take 3-5 days in some cases.
- Physical Mandate: Verification can take 7-10 days to process.
If your mandate status is still not updated after the expected time frame, please reach out to support.equiruswealth.com for assistance.
Was this article useful?
