Zerodha fund transfer for Coin SIPs

[Sandeeprc14]

1. whenever I am transferring any amount from Icici or SBI 1000/- or 10000/- is there any extra charge to pay, per transaction?
2. how to pay my next sip subscription through zerodha? Auto debited from zerodha account or bank account? Where from I’ll get the link to pay! Nothing is there now

[Srinivas]

@Sandeeprc14

1. whenever I am transferring any amount from Icici or SBI 1000/- or 10000/- is there any extra charge to pay, per transaction?

Maximum amount that can be transferred into kite account in one go

You can use NEFT/RTGS/IMPS from your netbanking and Atom gateway transfer directly from within your trading platform. Atom transfers are instant but are restricted to the banks shown in the screenshot. The cost for an atom transfer is Rs.9 + GST per transfer. [image] NEFT/RTGS/IMPS is free at our end. You have to add Zerodha as a beneficiary in your netbanking after which you can transfer funds. You can find Zerodha’s bank account details on the Zerodha Funds page. IMPS is instant and us…

@Sandeeprc14

2. how to pay my next sip subscription through zerodha? Auto debited from zerodha account or bank account? Where from I’ll get the link to pay! Nothing is there now

Can I schedule transfers directly from my bank to Coin MF platform for SIPs?

You can use a feature called a standing instruction wherein you can schedule a transfer from your bank account to your Zerodha trading account on a fixed date. This feature is available in all major banks and is pretty easy to setup. You can schedule transfers NEFT or RTGS on a fixed date every month. You can then setup the SIPs in Coin based on that. This way you won’t have to go through the hassle of providing a NACH mandate. Here in an illustration of how to set it up in State Bank Of India(…

[Sandeeprc14]

Can I pay different amounts in different month for sip?
Say one month 500/- then next month 1000 next month again 500/- and so on?

[Srinivas]

@Sandeeprc14

Can I pay different amounts in different month for sip?

When you are starting a monthly SIP for an MF on Coin, you have to enter the monthly instalment amount. But once the SIP has started, you can change this monthly instalment amount on the MF SIP in Coin as per your needs.