Hello must verify this, are you able to DM me your ID?
I had a number of SIP’s mandated via UPI however solely couple of them obtained debited from account and the quantity for remaining SIP didnt obtained debited. Have raised assist ticket as properly. Pls expedite for decision
Ticket #20241105274035
@Deepak_Kumar_Singh are you able to verify this?
Hello @Neelesh , I’m not capable of approve UPI autopay in Bhim as it’s saying Rs 40000 is the restrict . Please assist me on this .
that’s set by your financial institution.
UPI autopay just isn’t helpful for big SIPs. Except you do them on separate days and even then you definately run the chance of hitting the boundaries with different procuring.
assist.google.com
UPI Issuing financial institution sensible limits – Google Pay Assist
Whenever you ship cash to somebody
I’m going to do month-to-month SIP of Max Rs 15000 in 3 spearate days . However Zerodha is asking for Rs 1 lac approval for which BHIM just isn’t permitting to approve that quantity . I already checked with HDFC Financial institution , they might not assist right here.
@Neelesh Can this restrict set to to Rs 40000 from zerodha finish ?
This appears to be a limitation from BHIM and your financial institution. That you must swap the UPI app and in addition request your financial institution to extend the restrict.
The default restrict is 100000 that may’t be modified. You’ll be able to set the debit instruction inside that restrict.
Hello @NeeleshPlease have a look at the assist ticket 20241216592105 urgently.The UPI auto pay is deducting quantity constantly from the financial institution.For a complete of 5000 SIP, it has deducted 13500.
I cancelled the mandate in Coin, however nonetheless getting transaction SMS from the financial institution.Assist!
although it counts as breach of contract, a mandate might be paused within the UPI utility additionally.
Please confer with financial institution buyer take care of penalties in that case. I’m not liable. Additionally think about calling zerodha along with your assist code useful.
Mandate cancellation solely works earlier than T minus 2 days from mandate day. Coin Mandate modification within the 2 day window can place duplicate orders – #4 by foobar Should you modify it inside 2 days by some means, there might be duplicate orders.
Checking this ones appears to be a financial institution difficulty.
Hello @Neelesh
Why there may be continious deducting cash from checking account for SIP of Rs 5500 . There are three occasion hapened . is zerodha coin trustable fo rmutual fund sip ?
One ticket additionally has been raised #20241216977002
Please assist.
Was the SIP date on a weekend? Mine was on fifteenth Dec Sunday.On Monday night time the financial institution began deducting the SIP quantity. It did it for 3 occasions.I then decreased the account stability to nearly zero by transferring to a secondary account.Didnt need to see the all the quantity transferred to mutual fund by morning.
foobar:
Mandate cancellation solely works earlier than T minus 2 days from mandate day. Coin Mandate modification within the 2 day window can place duplicate orders – #4 by foobar Should you modify it inside 2 days by some means, there might be duplicate orders.
The SIP was not modified anytime up to now week.
Yeah it was on fifteenth. For time being i suspended the auto pay .Now zerodha is telling that cash will come again in seven working days . I’ve upcmoing SIPs within the coming days
Is your Financial institution additionally HDFC financial institution?
ICICI.
My guess is it’s not a financial institution difficulty then.The SIP date falling on a weekend in all probability precipitated this.
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We discovered the difficulty and can share the RCA shortly. The surplus cash debited shall be refunded by ICCL as a precedence. We’ve got requested that they course of the refunds as quickly as doable for the affected transactions.
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Is the repair deployed now @Neelesh?Shall I create new SIPs utilizing the UPI mandate in coin?
@Neelesh ji what was the foundation trigger ? It appears zerodha Coin is an unstable product . i’m planning to deregister all of the SIPs.