Stock Sip missing upi autopay

Zerodha
1

Hi Nithin,@nithin
I’m a relatively new Zerodha user, and I really appreciate the clean UI and smooth order execution — that’s what made me choose Zerodha.

However, I feel one important feature is missing: UPI AutoPay for stock SIPs. Upstox already offers this, and it makes the SIP experience fully automatic without any risk of bank penalties. It also deducts the approximate amount based on the latest stock price, instead of requiring us to add funds in advance or by E-mandate

In Zerodha, the current NACH-based Auto Add Funds system can result in ₹295 bounce charges if the bank balance is low, which makes many users hesitant to enable it.

If Zerodha could bring:

  1. UPI AutoPay for adding funds, and

  2. Real-time deduction based on the actual SIP amount ( atleast approx amount is also great if you can )

it would make stock SIPs much more convenient and safe for users like me.
Hope the team considers adding these features! :slightly_smiling_face:

2

Hi @Chandra_shekhar_sahu, this is on our list of things to enable soon. Once it’s ready, we plan on launching the beta on TradingQ&A.

P.S. The SIP amount will be an approximation.

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