Sbi e mandate charge for Mutua funds

42°
Deal Cadet
_Y2J__

I started a SIP in mutual funds via sbi bank and 59rs were deducted as e mandate charges.

Will i still incur this charge during 2nd SIP payment?

Also if i cancel the SIP and again apply for SIP after some time, will 59rs be deducted again or it is one time deduction?

And can we opt for e mandate via upi from apps like gpay phonepe? Is there any charges if we opt via these apps(upi payments).

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Benevolent Benevolent
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no its one time charge

if you cancel sip, not stop, then these would be charged again

Deal Cadet Deal Cadet
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Any idea about upi payments? E mandate is charged in case of upi too?

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Spearhead Spearhead
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Off topic query -

Mene angel one se ek ipo ke liye mandate dia tha on gpay from sbi account but at the same time i cancelled the mandate, but money has been blocked from bank account, aur aj 5 din hogye, logo ko ipo bhi allot hogya, but mere pese abi tk unblock nh huye , any help/suggestion ?

Deal Lieutenant Deal Lieutenant
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Wait 10 days, pehle ho chuka hai aise 10 12 din lagaa dete hai sbi wale

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