Auto Pay or Bank Mandates for Mutual Funds

My Bank charged me a Penalty (or Fees) for Auto Pay Mandate rejection, what can I do now?
Your bank will charge a penalty in case of insufficient funds during an Autopay debit as bounce charges. Please ensure sufficient balance or get in touch wi...
Wed, 29 Nov, 2023 at 11:54 AM
Can I create a mandate for another Bank Account that is not linked or verified on Dhan?
No, a Mandate can only be created via the registered and verified Bank Account. 
Wed, 29 Nov, 2023 at 11:53 AM
Can a Mandate set for MF be used for automating my Stock SIPs on Dhan as well?
As per the SEBI circular dated 04 Oct 2021, the amount from all purchases for Mutual Funds should originate only from the user’s bank accounts and reach the...
Wed, 29 Nov, 2023 at 11:53 AM
Is there a limit to the number of Auto Pay Mandates that can be set on Dhan?
Yes, currently you can set only one Auto Pay Mandate for Mutual Funds on Dhan at a given time.
Wed, 29 Nov, 2023 at 11:53 AM
How many days does it take for my Auto Pay Mandate to get activated?
Your Auto Pay Mandate will be activated within 3 working days from the completion of the processing. Once the mandate is approved we’ll notify you via email. 
Wed, 29 Nov, 2023 at 11:53 AM
How to Delete AutoPay Mandate?
To cancel or delete or cancel an Autopay mandate in Dhan -  Click on “Banks & Payments” Tap on the Autopay whose Autopay mandate you want to delet...
Wed, 29 Nov, 2023 at 11:52 AM
I am making a SIP investment of just INR 25,000 every month, so why do I have to set up a mandate of INR 1 Lakh?
An AutoPay Mandate allows a user to set up SIPs with monthly payments being deducted automatically. It is a mode of payment to facilitate the transfer of fu...
Wed, 29 Nov, 2023 at 11:52 AM
What is an Auto-Pay / Bank Mandate for Mutual Fund Investments? Why is there a limit of INR 5 Lakh on Auto Pay?
AutoPay, as the name suggests, allows investors to automatically pay for their SIP investments at the set time period. It is a payment facility offered by b...
Wed, 29 Nov, 2023 at 11:51 AM