How is the process of adding a new bank account on mygate?
Mygate provides the feasibility for societies to add new bank account details to collect payments from residents on the Mygate application which helps auto-generation of receipts for the online payment. The bank integration is a backend process, to integrate a new bank account for the society the registered admin is required to provide the following details to Mygate by email (contact@mygate.in) or chat to a live agent.
1. Account Name: The name associated with the bank account.
2. Bank Name: The name of the financial institution where the account is held.
3. Branch: The branch details of the bank.
4. Account Type: Specify whether the account is a Savings, Current, or any other type.
5. Account Number: The full bank account number.
6. IFSC Code: The 11-character IFSC code for the bank branch.
7. Copy of Canceled Cheque: A scanned copy of a canceled cheque for verification.
8. Society PAN Card: A copy of the society’s PAN card.