Deducting SIP Amount directly from Bank

Zerodha Coin - Direct MF
41

Yeah

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If your linked bank account is HDFC you can always use standing instructions to automate your monthly transactions. Amount will be deducted from you bank and credited to trading account. make sure you set this date before the SIP date.

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@nithin @Bhuvan Any update on this? Is there any timeline when this feature can be available with coin?

1 Like
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Hopefully in the coming few months :slight_smile:

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@Bhuvan any update on this? @nithin please let us know if there is any other way to get it done, signing mandate through traditional NACH.

Please do prioritize this. Thank you!

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Mohit just answered this on the other thread