If you miss an e-NACH, the lending partner will try deducting the pending amount along with the pending penalty fee (as mentioned in the loan agreement) through an e-NACH mandate based on your scheduled date.
For example, if you have availed the loan through,
Flexiloans: If the scheduled date is the 1st, Flexiloans will try deducting the amount again on the 10th. If your e-NACH date is the 16th, the e-NACH will be scheduled again on the 22nd. Note: Your bank may charge you a fee for missing an e-NACH mandate.
LenDenClub: The lending partner will deduct the amount only on the scheduled dates. The e-NACH mandate scheduled dates are 8th, 18th, and 28th of every month. Note: The amount would be deducted through the e-NACH mandate only if your pending daily amount is more than or equal to 4 times your daily installment amount. Your bank may charge you a fee for missing an e-NACH mandate.