How do I make a payment for my Stock SIP?

What is a Stock SIP?


A Stock SIP (Systematic Investment Plan) is similar to a subscription service, like an OTT platform subscription. Instead of streaming services, you subscribe to a stock of your choice, with investments occurring weekly or monthly.


Key Points for a Successful Stock SIP


Ensure Sufficient Funds in Your Upstox Account

  • To execute your Stock SIP successfully, ensure that your Upstox account has enough funds on the scheduled date.


For Stock SIPs Set by Amount

  • Always maintain X% more than the defined SIP amount in your Upstox account. This buffer helps account for market fluctuations or minor variations in execution.


For Stock SIPs Set by Quantity

  • Check the stock price at the time of order execution and ensure that you have adequate funds in your account to cover the purchase.


For AutoSIP Users

  • If you have enabled autoSIP, the SIP amount will be auto-debited from your bank account on the due date. Ensure your linked bank account has sufficient funds to prevent any disruptions.


Need More Help?

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