How do I set-up an auto payment for an SIP that I have a payment reminder for?

To set-up an auto payment for an investment that you’ve set a payment reminder for,

1. Tap Wealth at the bottom of your PhonePe app home screen.
2. Tap My Portfolio at the top of the screen and select My SIPs.
3. Select the SIP investment for which you have a payment reminder. 
4. Tap Set AutoPay.
5. Tap Continue.
6. Select a bank account and a payment mode (net banking, debit card, or UPI) for account verification and tap Proceed to Verify.
7. You will be redirected to your bank’s webpage. Based on the payment mode you’ve selected, you will need to provide the required details to verify your account and complete the AutoPay set-up.

Important: After your first auto payment is complete, we will notify you when the Mutual Funds provider allocates your units. You can check the relevant mutual fund investment on your PhonePe app for more information after you’re notified.