Do I need to maintain enough balance in my Upstox account for a SIP?

  • There is no requirement to maintain a minimum balance in your Upstox account once you have initiated your first SIP purchase.
  • For an ongoing SIP, each instalment amount will be directly deducted from your bank account.
  • Click here for steps to set up AutoSIP via e-mandate process


Note: As per an RBI, NACH, (National Automated Clearing House) circular, SIPs will be debited on Saturdays, Sundays and non-working days too. Ensure you maintain the required balance in your bank account to avoid a penalty. For more information refer to the circular.


Trade with Upstox

Want to open a Demat account?

Open a FREE Demat and Trading account to invest in Stocks, Mutual Funds, IPOs and more.

+91

By signing up you agree to receive transaction updates on Whatsapp. You may also receive a call from an Upstox representative to help you with the account opening process.