What is the validity of Custodian Authorization letter?

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• What are the mandatory checks in the custodian authorization letter before attaching it in production key confirmation stage?

  Date, Note, Bank seal should present after filling the details in letter.

• Is any validity for risk documents?

  Yes, it should be within the 90 days’ validity from authorized signatory. If the document submitted is signed more than 90 days ago, then it will not be accepted.

• What is LOA status?

  Letter of Authority is required for certification fee's Auto debit process. Alternatively, NACH mandate can be submitted to NPCI.

• Whether without certification fees payment / LOA letter for auto debit, certification can be started?

  No, LOA/ NACH Mandate has to be provided while initiating the request.

• What are the documents required for cluster approach?

  • Bank Waiver letter – In bank letter head with Bank seal and sign. • ASP waiver letter – In ASP letter head with ASP seal and sign.