Banking · Payment Systems
What is the maximum limit per mandate allowed for e-mandates under the National Automated Clearing House (NACH) system for general payments as per RBI guidelines?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 50,000
- 2Rs. 75,000
- 3Rs. 1 Lakh
- 4Rs. 2 Lakh✓
Correct answer
Rs. 2 Lakh
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