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Deposit Collection Infrastructure for NBFCs and Credit Cooperatives

UPI Autopay & eNACH mandate-based deposit collections — higher collection efficiency, go live in 48 hours, with a dedicated account manager.

Home › Collections › Deposit Collections

Deposit Collection Infrastructure for NBFCs and Credit Cooperatives

UPI Autopay & eNACH mandate-based deposit collections — higher collection efficiency, go live in 48 hours, with a dedicated account manager.

Home › Collections › Deposit Collections

Deposit Collection Infrastructure for NBFCs and Credit Cooperatives

UPI Autopay & eNACH mandate-based deposit collections — higher collection efficiency, go live in 48 hours, with a dedicated account manager.

Deposit Collections with the Right Infrastructure

Deposit Collections with the Right Infrastructure

Higher Collections Efficiency

Smart retry basis user balance, preventing debit failure

Go-Live in 48 Hours

Simple API integrations and support to get you collecting fast

24/7 Account Manager

We wont let you get blocked for minor issues. Dedicated support at all times

Custom Retry Schedules

Design your own penalties, retries, amounts and schedules to mirror internal policy

On Time Settlements

Reliable settlements that keep your operations smooth

Plugs into Your Existing PSP

RocketPay won't replace but sits on top of your workflow

Integration & Setup

From core banking to live LMS

Member Onboarded & Mandate Registered

Member Onboarded & Mandate Registered

UPI Autopay or eNACH

Via API & SDK

Deposit Schedule & Mandate Authorised

Member Onboarded & Mandate Registered

Amount & frequency configured

Monthly, quarterly or custom

Auto Collection Presented

Member Onboarded & Mandate Registered

Auto presentation via UPI Autopay or eNACH

Optimised timing

Settled to You

Member Onboarded & Mandate Registered

Settlement on T+1

Every settlement on time

Built for lenders and cooperatives that collect deposits

NBFCs to credit cooperatives can automate recurring deposit collections on mandate

NBFCs

Automate recurring deposit collections with mandate-based infrastructure

NBFCs

Automate recurring deposit collections with mandate-based infrastructure

Credit Cooperative Societies

Societies Collect member contributions automatically — on schedule, every cycle

Credit Cooperative Societies

Societies Collect member contributions automatically — on schedule, every cycle

Other Regulated Lenders

Purpose-built deposit collection infrastructure compliant with RBI guidelines

Other Regulated Lenders

Purpose-built deposit collection infrastructure compliant with RBI guidelines

Indian Lenders trust RocketPay

+
Businesses Served
+
Businesses Served
₹cr
Mandates created
₹cr
Mandates created
Lac+
Transactions created
hrs
Transactions created
Lac+
Transactions created

RocketPay DLC gets you <1% NPA with

Device‑level locking that makes default the exception, not the norm

Get Started

RocketPay DLC gets you <1% NPA with

Device‑level locking that makes default the exception, not the norm

Get Started

Deploy RocketPay Your Way

Deploy RocketPay Your Way

Two ways to get started — pick what fits your team and technical setup
Two ways to get started — pick what fits your team and technical setup

API & SDK

Integrate RocketPay directly into LMS/LOS. Full control over mandate creation, collection scheduling & status tracking

For LMS/LOS integrations

Webhooks and mandate status APIs

Real-time debit status and retry hooks

Works with your existing PSP

Go live in 48 hours

View API Documentation

Android App

Quick onboarding for smaller lenders or hybrid field teams. Create mandates and track collections on the go

No API integration needed

Mandate creation from mobile

Real-time collection status

Ideal for field officers and smaller NBFCs

Go live in 48 hours

Download Android App

API & SDK

Integrate RocketPay directly into LMS/LOS. Full control over mandate creation, collection scheduling & status tracking

For LMS/LOS integrations

Webhooks and mandate status APIs

Real-time debit status and retry hooks

Works with your existing PSP

Go live in 48 hours

View API Documentation

Android App

Quick onboarding for smaller lenders or hybrid field teams. Create mandates and track collections on the go

No API integration needed

Mandate creation from mobile

Real-time collection status

Ideal for field officers and smaller NBFCs

Go live in 48 hours

Download Android App

Got questions?
We’ve got answers.

Still have questions?
Contact us and we’ll help you out.

Contact us

01

What is a mandate?

A mandate is a one-time permission your customer gives you to collect payments automatically on a scheduled date. They approve it once — through UPI Autopay or eNACH, which are NPCI's systems for automated recurring payments — and every collection after that happens without any follow-up needed from either side

02

Which banks and UPI apps support UPI AutoPay mandate registration?

Any NPCI-registered UPI app and bank supports UPI AutoPay mandate registration — including PhonePe, Google Pay, Paytm, BHIM, WhatsApp Pay, Amazon Pay, and all major bank-native apps. The mandate is registered against the customer's VPA handle. For the complete and updated list of supported banks and PSP apps, visit the official NPCI page

03

What instruments can customers use to authenticate an eNACH mandate?

The three most common eNACH mandate authentication methods are — Net Banking, Debit Card, and Aadhaar OTP. Some banks additionally support PAN-based authentication, and a few offer Customer ID-based authentication via their own portal. Available methods vary by bank. For the complete list of supported banks and their authentication options, visit the official NPCI page

04

Does a customer need to approve each collection separately?

No. A mandate requires only one-time authorisation. Once approved, all subsequent collections within the mandate happen automatically on the scheduled dates — no OTP, no PIN, no action required from either party

05

Is KYC required to start using RocketPay?

Yes — your business will need to complete a one-time KYC verification as part of onboarding. This is a standard regulatory requirement for all businesses using payment infrastructure in India. No KYC is required from your end customers — they simply authenticate the mandate, and collections run from there

06

How long does settlement take after a successful collection?

Settlement happens on T+1 — funds are credited to your account on the next business day after a successful collection. This applies to both UPI Autopay and eNACH. Settlement timing starts from when the debit is confirmed on the customer's account. You can track exact collection and settlement timestamps in real time from your RocketPay dashboard

01

What is a mandate?

A mandate is a one-time permission your customer gives you to collect payments automatically on a scheduled date. They approve it once — through UPI Autopay or eNACH, which are NPCI's systems for automated recurring payments — and every collection after that happens without any follow-up needed from either side

02

Which banks and UPI apps support UPI AutoPay mandate registration?

Any NPCI-registered UPI app and bank supports UPI AutoPay mandate registration — including PhonePe, Google Pay, Paytm, BHIM, WhatsApp Pay, Amazon Pay, and all major bank-native apps. The mandate is registered against the customer's VPA handle. For the complete and updated list of supported banks and PSP apps, visit the official NPCI page

03

What instruments can customers use to authenticate an eNACH mandate?

The three most common eNACH mandate authentication methods are — Net Banking, Debit Card, and Aadhaar OTP. Some banks additionally support PAN-based authentication, and a few offer Customer ID-based authentication via their own portal. Available methods vary by bank. For the complete list of supported banks and their authentication options, visit the official NPCI page

04

Does a customer need to approve each collection separately?

No. A mandate requires only one-time authorisation. Once approved, all subsequent collections within the mandate happen automatically on the scheduled dates — no OTP, no PIN, no action required from either party

05

Is KYC required to start using RocketPay?

Yes — your business will need to complete a one-time KYC verification as part of onboarding. This is a standard regulatory requirement for all businesses using payment infrastructure in India. No KYC is required from your end customers — they simply authenticate the mandate, and collections run from there

06

How long does settlement take after a successful collection?

Settlement happens on T+1 — funds are credited to your account on the next business day after a successful collection. This applies to both UPI Autopay and eNACH. Settlement timing starts from when the debit is confirmed on the customer's account. You can track exact collection and settlement timestamps in real time from your RocketPay dashboard

Talk to us about your collection challenges — let us show you how we can be of help!

Book Demo

Talk to us about your collection challenges — let us show you how we can be of help!

Book Demo