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How to automate Zerodha SIP Auto Debit?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.


1 Comments

1. shriram Jahagirdar   I Like It. |Report Abuse|  Link|September 23, 2022 8:15:23 PMReply
but now funds in app are not used for mutual funds' then what to do
1.1. Vik   I Like It. |Report Abuse|  Link|October 3, 2022 7:30:59 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