About the Company

Khosla Labs is the fastest and most cost effective way to enable Digital India services. We are a Khosla Ventures backed company that offers Digital India services (Govt. and Regulated systems) for the private sector.

Address

Khosla Labs Pvt. Ltd.
#18/2A, GRS Towers, Second Floor
Above Cafe Coffee Day
Sarjapur Road
Bangalore 560103

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recurring payments using electronic NACH and Mandates

Collect Recurring Payments using eNACH

Use NACH e-mandates to setup and collect
recurring daily, weekly, monthly or yearly payments,
directly from your customers bank account.
Our platform agnostic APIs and SDKs allow you to integrate eNACH within your own app using a language that you know.

eMandate by eNACH sample form

How it Works?

Authorize mandates using net banking or debit card credentials. Automatically debit your customers account when the payment is due

eNACH mandate creation flow

Features

eNACH is authorized using debit card and Netbanking

Multiple Modes of Authentication

Customers can now use either net banking or debit card to authenticate the eMandate. Once confirmed by the customer, eNACH is automatically sent for confirmation at the customer’s bank for further processing and immediate activation of recurring payments.

Efficiently Paperless

eNACH works over RESTful APIs, everything from the creation of eMandate, authorization by the customer to the actual payment processing happens over the web using our APIs, removing dependency on existing paper-based process for NACH.

API and SDKs for easy integration
payment management and clearing

Seamlessly Manage Payments

We manage all your interactions with government regulators, banks and other partners within the ecosystem, so that you won’t have to.That means all you need is a bank account and access to our APIs to start charging your customers.

Faster TATs , Lower Rejection Rates

Everything from the creation of the mandate to submission and payment processing happens online with no human intervention, leading to faster processing of the requests and lower possibility of error in the mandate

faster than ECS and traditional NACH

Multiple Modes of Payment

We support both TSP and Aggregator modes of repayments. Irrespective of how you operate either by yourself or with multiple financial partners, we deliver a frictionless payment processing across channels every time, all the time. Our aggregator model delivers the payment from customer’s account directly to the accounts of your partners with almost no manual intervention while our TSP model sends the payments to yours.

Use Cases

EMI payment automation

Schedule EMIs

If you are a loan provider, you understand that the biggest problem in the industry has always been repayments. eNACH activates via your customer's bank accounts, as soon as they take a loan or purchase a product on EMI. Once activated eNACH deducts regular payments for a set amount of time.

automate subscription

Automate Subscriptions

eNACH based subscription services allow you to predetermine the length of the subscription and allows you to renew it as and when it expires.

SIP Scheduling

When integrated into your customer onboarding flow, makes it easier for your customers to plan and pay for their investments and at a time of their convenience.

variable payment options using emandates

Utility Bill Payments

Variable eMandates helps customers automate their utility bill payments by defining a range and allowing the vendor to charge within this range as and when the bill is generated.

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