Comment on Introducing e-Mandates – Now fund your SIPs automatically

Aranyak Ghosal commented on 07 Jul 2021, 02:22 PM

How to specify the amount in an e-mandate if I have opted for a step-up SIP? It’s a bit difficult because, first, it will keep changing each year, plus I might not be knowing the exact amount without much calculation. Will I be needing to do the calculation well in advance and update/cancel that particular mandate accordingly each year on time??

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