You’ll be setting up an auto-debit instruction at the time of applying to IBL Loans. If the mandate is successfully registered, just make sure that you maintain sufficient funds in your bank account on every EMI due date. The EMIs will be automatically deducted. If for some reason, the auto-debit isn’t processed, we’ll notify you via SMS, email and app notifications. In this case, you can pay EMI after return via the PAY NOW option in the IBL Loans app.