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...
Tue, 3 Nov, 2020 at 12:53 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 ...
Tue, 3 Nov, 2020 at 12:54 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 ou...
Tue, 3 Nov, 2020 at 5:52 PM
How can I enable auto debit? (NACH/e-Mandate)?
Website: Top Left Menu > Set up Auto-Debit (NACH) App: Top Left Menu > My Account > NACH Mandate If you have registered with the following bank...
Tue, 3 Nov, 2020 at 5:56 PM