Hoe to set up auto pay mandate?

How to set up MF Auto pay mandate on HDFC SKY App?

AutoPay Mandate:

  • For placing SIP orders, it is compulsory to create mandate via Netbanking.
  • Once you have placed first SIP order, you will be asked to set up autopay, follow the below steps to create mandate:
  1. Once you see the below screen (take this as example), review the information and click on Submit.
  1. You will be asked to login through Netbanking.
  2. Once you have entered the login credentials, add OTP which you have received on your mobile number and click on Submit.

This will complete your Autopay Setup!

Note: HDFC SKY will allow you to setup AutoPay mandate within 6 working days from your first SIP order placed. If you failed to setup AutoPay in T+6 days, your first SIP will get cancelled.

    • Related Articles

    • How do I change auto square off time for my positions on the HDFC Sky app?

      HDFC Securities will auto square off intraday positions a little before closing time if you yourself do not square off your positions. Instead, you can set your own time to auto square off your positions. After logging in, tap on More at the top left ...

    • How can I place IPO orders through HDFC SKY?

      One can participate in IPOs using your HDFC SKY trading app: Ensure that you have an active trading account with HDFC SKY. 1.) Go to Menu > Indian Stocks > IPO. 2.) All the IPOs which are currently accepting application will be listed under the ...

    • What are the auto square off timings for Intraday orders at HDFC SKY?

      Open intraday positions are squared off at or after the below-mentioned time: Segment Square off time Equity/Cash 3:15 PM Equity derivatives 3:15 PM Currency derivatives 4:40 PM Commodities 25 minutes before close #No Auto Square off charges at HDFC ...

    • Does HDFC SKY App has XIRR Report?

      Yes, we do have this feature. Following is the process - Head over to the SKY App and click on your "Profile". Now, Click on "Backoffice". Then, Click on the "Reports" Tab. There you have your "XIRR Report", Click on that and you will get the ...

    • How do I update the Price & Quantity of the transferred stocks on HDFC SKY App?

      Following is the process for the same - Once the stocks have been transferred to HDFC SKY, then Head over to the SKY APP and click on your "Profile". Then, Click on "Backoffice" and then "Portfolio Discrepancy". Now, Click on the individual stocks ...