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LAS - NACH Mandate submission at branch

10th July 2018

Dear Partners,

Pl. find below steps for NACH mandate registration process with Bajajfinserv for timely interest collection on Loan Against Securities.

Steps for Mandate Registration:

  1. Pre Filled NACH Mandate is mailed on Client's & Partner's mail id by NJ once the loan form is accepted by Bajaj. Take printout of it.
  2. Fill the required field in the form.
    1. Write FAS no. from IVR in LAN box.
    2. Signature - As per holding pattern in the Bank Record
    3. Name - As per mode of holding pattern in bank record
  3. Partner has to submit NACH mandate duly filled & signed to CRO of the branch
  4. CRO will process the mandate.

For Mandate status:

Partner Desk > Client Services > View Client's Loan Request

Notes for reminder mail:

  1. Reminder mail for pending mandates is sent on every Monday & Thursday by NJ.
  2. Partner receives the list of clients whose mandate is pending.
  3. Client receives pre filled mandate copy in every communication. If you have not submitted, please complete the process.

For any further clarification feel free to call NJ Customer Care.

Regards,
NJ TEAM

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Karnataka
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