How to automate my mutual fund SIP installments on Coin?
To automate the payments for your mutual fund SIP installments on Coin, you can set standing instructions at your bank, to add money/credit your trading account at Zerodha. The details of the bank account can be found here.
Once the money is transferred to your trading account, the money required for your SIP will be utilized from your trading account.
Since we do not collect an ECS/NACH mandate, we do not have the permission to directly debit your bank accounts.