Auto-debit Mandates

Queries on auto-debit mandates

What is auto-debit mandate? What is NACH?
Auto-debit mandates enable you to automate your SIP payments. You can make lumpsum investments as well in just a click. It is also compulsory for rebalancin...
Wed, 9 Dec, 2020 at 2:08 PM
What is the limit of the auto debit mandate?
E-mandate (mandate registration through net-banking): This has a limit of Rs. 99,999. This means that you can invest upto Rs. 99,999 on any given day. For ...
Wed, 9 Dec, 2020 at 2:10 PM
Is NACH mandatory?
If you have registered with Citibank or HSBC bank, then yes. For other banks, it's not mandatory for investments but it is mandatory for availing of our...
Wed, 9 Dec, 2020 at 2:12 PM
How can I enable/apply or an auto debit? (NACH/e-Mandate)?
Website: Top Left Menu > Set up Auto-Debit (NACH) App: Home page → Menu (bottom right) → Mutual Funds → Auto-Debit (NACH). Note: If you have not i...
Thu, 8 Apr, 2021 at 9:04 PM
How can I pause/cancel/resume my auto debit? (NACH/e-Mandate)?
Once you have set up an Auto-Debit, you do have the flexibility to pause or cancel at any time you wish to do so. You can just follow these simple steps:  ...
Thu, 8 Apr, 2021 at 9:04 PM