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When will the Society receive the amount when the payment is made through MyGate?

The online payments made using the app will reach the society's account with a TAT of T+1. In other words, amounts are credited to society bank accounts in one working day from the transaction date.

 

Please note that 2nd and 4th Saturdays, Sundays, and bank holidays are not considered as working days.

 

Similarly, international transactions are settled in T+7 working days.


Please contact us at contact@mygate.in if the payment is not credited to the society's account within the specified period. We will assist you in having the settlement processed.