If a stock SIP is scheduled for the 5th of every month, when should the eMandate transaction be scheduled to ensure that the account is sufficiently funded?

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.

The transaction should be scheduled a few days before the 5th of the month. The bank account will be debited one working day before the eMandate transaction, with SMS and e-mail confirmations one day before.

Topic: Zerodha Equity SIP Article Feedback

Find more questions on this topic

Can I buy SIP through Zerodha?
How to do SIP in stocks in Zerodha?
Does Zerodha have SIP?
Can I start sip through Zerodha?
How to invest in stocks through SIP Zerodha?
Is zerodha good for SIP?
What is SIP in Zerodha?
How to modify a stock SIP?
How to delete stock SIP in Zerodha?
If a stock SIP is scheduled for the 5th of every month, when should the eMandate transaction be scheduled to ensure that the account is sufficiently funded?

Ask Your Question