An ECS mandate is a document that authorizes a bank or financial institution to debit a particular amount each month from a customers account. ECS stands for Electronic Clearing Service, which is an electronic mode of fund transfer initiated by the Reserve Bank of India (RBI) . The ECS mandate enables automatic payments, which eliminates the need for manual intervention every time a payment is due, making it a convenient option for individuals and businesses who have to make regular payments. The ECS mandate is proof that instructs the bank to undertake tasks such as debiting or crediting payments through the bank. The ECS mandate charges are applied by different banks, and the withdrawal procedure can be done by informing the bank and the beneficiary of the payment in a written application. The ECS mandate is used for bulk payments of amounts towards distribution of dividend, interest, salary, pension, etc., or for bulk collection of amounts towards telephone/electricity/water dues, cess/tax collections, loan installment repayments, periodic investments in mutual funds, etc. . To avail of the ECS mandate, customers must notify their bank and provide an ECS mandate authorizing the institution to debit or credit the payments through the bank. The mandate includes information about the customer’s bank branch and account information.