How to automate Zerodha SIP Auto Debit?

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Zerodha doesn't collect ECS/NACH mandate for SIP auto debits from bank accounts. So, the auto debit facility is not available with Zerodha Coin. It utilizes the funds available in your trading account to pay for your SIP.

To automate the SIP payments for your Mutual Funds on Coin, you can set standing instructions at your bank to credit a particular sum on a particular date every month to your Zerodha trading account.

Topic: Zerodha SIP Mutual Fund Investment in 3 Easy Steps Article

1 Comments

1. shriram Jahagirdar

| Link|September 23, 2022 9:15:23 PMReply

but now funds in app are not used for mutual funds' then what to do

1.1. Vik

| Link|October 3, 2022 8:30:59 PM

Yes, they don't deduct from the funds in Kite. I am facing same issue and I was wondering why my SIP is not updating. Any leads in this issue will be appreciated

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