Do I need to maintain enough balance in my Upstox account for a SIP?

There is no requirement to maintain a minimum balance in your Upstox account once you have initiated your first SIP purchase.
For an ongoing SIP, each instalment amount will be directly deducted from your bank account.
Click here for steps to set up AutoSIP via e-mandate process

Note: As per an RBI, NACH, (National Automated Clearing House) circular, SIPs will be debited on Saturdays, Sundays and non-working days too. Ensure you maintain the required balance in your bank account to avoid a penalty. For more information refer to the circular.

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Do I need to maintain enough balance in my Upstox account for a SIP?

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