Can I set up recurring payments for housing society maintenance?
- Posted: 19th February, 2025
- Updated: 19th February, 2025
*T&C Apply
Yes, you can easily set up recurring payments for Housing Society maintenance charges using any UPI application. Simply initiate a payment mandate within your preferred UPI app and specify a daily, weekly, monthly or yearly frequency for the fixed amount to be automatically debited from your linked bank account.
For mandate amounts less than ₹5,000, you need to enter your UPI PIN only for the first payment. For larger amounts, the PIN is required whenever payment is due. You will receive payment notifications at least 24 hours before the debit. After the mandate is set up, the amount gets deducted at specified intervals without having to reinitiate manual payments.
You can revoke an active UPI mandate anytime by re-entering your UPI PIN, after which no further automated payments will happen for that particular mandate. This convenient recurring payment facility ensures you never miss or delay paying important bills like society maintenance charges. It brings payment discipline, avoids late fees, and saves the hassles of manual transfers during every billing cycle.
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