Glide Invest FAQ: What is the difference between investing via Netbanking vs Autopay?

What is the difference between investing via Netbanking vs Autopay?

Want to invest today? Use NETBANKING and/or UPI. 

Use Netbanking and/or UPI when want to make the purchase today itself. We will facilitate the transfer of funds right away from your bank account to the Mutual Fund company. Do note that cut-off times apply for all these transactions. 


Don't like Netbanking? Just use AUTOPAY.

Just click on AUTOPAY when you want to use your bank mandate to invest in goals or individual funds in the app. We will automatically facilitate the transfer of money from your bank account to the Mutual Fund company on the next working day. This will save you from the hassle of logging into your bank account and/or remembering your Netbanking password and/or using your UPI app. 


AutoPay, as the name suggests, is the payment method we use once your mandate is approved, to facilitate the transfer of funds from your bank account to the mutual fund company, without your intervention. By selecting auto-pay option on the Glide Invest App money will get transferred from your bank account to the portfolio selected. This facility is faster with just click of a button and saves you from the hassle of remembering your Net banking or UPI password.

Remember, the amount mentioned in the bank mandate is the maximum amount you can invest in a single mutual fund scheme on a single day.

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