You need to do the followings:
You would need to sign an ECS Mandate form.
One security cheque to be drawn in favor of “Mudra Co-op Credit society ltd”. This cheque needs to be undated and blank, and at the bottom, it needs to mention 'Not more than the loan amount'.
Six security cheques to be drawn in favor of “Mudra Co-op Credit society ltd”'.This cheque needs to be undated and blank, and at the bottom, it needs to mention 'Not more than three times the EMI amount'.
PDC swap charges* will be applicable at Rs. 500/- per instance.