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ECS stands for Electronic Clearance Service. An ECS mandate confirms that you don’t have any objection to a certain amount being withdrawn every month by Bajaj Finserv against your purchase.
While applying for a Bajaj Finserv EMI Network Card, you are asked to submit a cancelled cheque and a signed ECS mandate along with your KYC documents.
Additional read: How to apply for Bajaj Finserv EMI Network Card
Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?
