Glossary

Payments, Fintech & Accounts

How does UPI AutoPay work for a SIP?

UPI AutoPay for a SIP is a recurring UPI mandate that automatically debits a fixed amount from your bank account on a set schedule to fund a systematic investment plan. You approve the mandate once with your UPI PIN, specifying the amount and frequency, and each instalment then executes without manual action. For example, a monthly SIP can debit on the same date each month until the mandate ends or you cancel it. Automating contributions supports discipline but does not guarantee investment outcomes. Qatobit's Crypto SIP schedules contributions from your platform INR balance rather than through a UPI mandate. Read the methodology.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.

Related terms

Ready to go beyond the definition?

Join the waitlist for early access to the QSI Crypto Indices.

Join the waitlist