I wish to change my checking account linked to zerodha. Since i’ve mandates set for my SIPs on my present checking account, I’m frightened about what would occur to my SIPs on altering my checking account, whether or not the DIPs gained’t get auto debited? Would the mandate get transferred or do i must set recent financial institution mandate? And even worse, the cash getting debited from my earlier financial institution and never getting credited to AMCs. Can somebody please assist?
Hello @SouravKumar
There gained’t be any points as such. You’ll be able to cancell the mandate linked to the prevailing checking account and create a brand new mandate to your newly linked account.
Simply be sure to do that as soon as your SIP for the month is completed or every week earlier than SIP because it takes to delete and create a recent mandate
assist.zerodha.com
Learn how to cancel an eMandate?
Learn how to cancel an eMandate?
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