Standing Instruction (SI) definition

Standing Instruction (SI) means and includes onetime written instruction provided by the Borrower for debiting their account towards the regular payment of EMIs.

Examples of Standing Instruction (SI) in a sentence

  • For your convenience, you are advised to pay your monthly payments through any of the following modes:- Standing Instruction (SI), Recurring Payment Facility through maybank2u (m2U), Cash Deposit Machine (CDM), or Post Dated Cheques (PDC).