Your convenience is our command and we have made SIP investments very convenient. No more hassle of issuing post dated cheques at all.
We offer SIP Auto debit facility wherein you provide a one time standing instruction to debit your bank account towards the payment of SIP transaction.
Your account will be automatically debited every month or quarter and the proceeds will be utilized for allotment of units of the mutual fund scheme.
What's more! If we have your email id and mobile number, we will alert you before debiting your account and after apart from transaction confirmation via email as well as sms.
To opt for this facility, all you have to provide is
- Duly filled & Signed SIP Auto Debit Form
- Cheque for first SIP investment or Cancelled cheque or Copy of the cheque
Thereafter, you do not need to give any further cheques. The future transactions will happen through the Auto Debit Standing Instruction.
SIP Auto Debit facility is currently available on 1st / 7th / 14th / 21st/ 28th of the month/ quarter
DSP BlackRock Mutual Fund has been the first mutual fund to launch auto debit facility for SIP investments.
Click here for the SIP Auto Debit form and start SIP investments now in your favorite scheme. You can also refer 'How to fill form' section of this feature to have further details to enable you to fill up the form with ease.
Please refer to terms and conditions mentioned on the form carefully before investing.