Recurring debit transactions related to Rent, Subscriptions, EMI, Salary etc., is displayed in the Recurring payments tab. Following details are displayed about each recurring payment:
- Bank Account
- Start date – first payment occurrence
- End date – last payment occurrence
- Particulars – payment description
- Counterparty – name of the recipient
- Amount – recurring payment amount. For e.g., if monthly EMI of ₹20,000 is being paid for car, then the amount displayed here will be ₹20,000
- Txn count – number of times payments made
- Interval – payment interval
- Misses – number of times payment was missed. This could be an indication of tendency to default