24/6/2024, 3:40:05 pm

Which is better for SIPs: UPI AutoPay or eNACH?

When investing in Systematic Investment Plans (SIPs), investors can choose between UPI Autopay and eNACH for payment. UPI Autopay is a real-time payment method, deducting the desired amount from the investor's bank account. eNACH, on the other hand, is a mandate-based system, requiring a one-time registration and deducting the SIP amount on a specified date.