To automate your Mutual Fund SIPs you need to complete the e-Mandate approval process by following these steps:

Step 1: Log in on Upstox and go to the Mutual Fund section.

Step 2: Place your SIP order. To know the process click here.

Step 3: On the ‘Order status’ screen, click on ‘Set up AutoSIP’.

Step 4: You will be directed to the 'Set up AutoSIP' Mandate page. Here, select your preferred verification mode, either NetBanking or Debit Card, agree to the Terms & Conditions, and proceed by clicking Submit.

Step 5: Following that, you'll be directed to the Mandate Approval Automation page, where you can review the details of the mandate.

Step 6: Lastly, you will see the following message confirming your AutoSIP request.

Keep in mind:

• The e-Mandate link sent to your registered email needs to be approved within 5 days or else it will expire.
• Depending on your bank, the e-Mandate registration process may take approximately T+7 days.
• Once the authentication process is completed by you, your bank will notify BSE and the same will reflect on Upstox.
• Upstox does not charge you anything for registering an e-Mandate. However, with NPCI’s recent circular, your bank might ask you for a one-time fee in order to register the mandate.
• These charges differ from bank to bank and you can check for the latest ones with your bank.

Related Articles

• How to place a SIP order in mutual funds
• Charges for e-mandate
• How do I pay my missed SIP instalment