What is the NACH Mandate needed for?

The NACH mandate is generated and required to be signed and sent to us anytime you start a new SIP or increase your SIP amount. It allows the mutual fund companies to debit the amount entered by you automatically from your bank account. The NACH form is present in the ‘Documents’ section of your dashboard. We now allow you to setup your SIP online too, if you so wish. This eliminates the need for sending us any paper-based forms.