Why is the mandate registration status not updated on Coin?
An e-Mandate registration is completed within 5 working days. Sometimes, Zerodha does not receive confirmation from the bank regarding registration, and the mandate remains in a pending status on Coin. Since confirmation must be provided by the bank, Zerodha is unable to provide a specific timeline for successful verification. In such cases, Zerodha periodically follows up with the respective banks.
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