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How to set up automatic fund transfer (E-mandates) from bank to zerodha account for mutual fund sip

This video will give answer to following question?

1st How to do automatic mutual fund sip?

2nd How to do automatic fund transfer?

3rd What is Mandate and E Mandate?

4th How to use E-mandate facility to transfer money from bank to zerodha account?


The answer to above question is one and its very simple. Mandate is the facility that allows to transfer funds(money) from your bank to specific account, in our case it is trading account. Means when you give mandate to your bank then it will allow automatic fund transfer to your trading account. We will be doing this process completely online hence it is called E-Mandate. This is one time process and hence just do it and enjoy the automatic fund transfer until you cancel it.

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