Payments are deducted automatically through an auto-debit mandate linked to your bank account. You set this up once, and Samco deducts the required amount on each SIP date and executes the purchase with no manual action needed.
Steps to set up auto-debit:
- After setting up your SIP, tap Setup Auto Debit for SIP
- Verify your personal details and account type
- Confirm the mandate details amount, start date, and end date
- Check the debit frequency and authentication mode
- Accept the terms and tap Proceed
Once active, all future SIP deductions are handled automatically.
Easy & quick
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