Here are the steps to create a new mandate for an existing SIP from the Upstox app:
1. Open the Upstox app and navigate to the ‘My Account’ section
2. Click on ‘Profile’ followed by ‘Mandates’
3. Click on ‘Create new mandate’ to initiate the process
4. Review the default mandate amount and the bank account details, then click on ‘Continue’
5. You will be directed to the 'Set up AutoSIP' Mandate page. Here, select your preferred verification mode, either NetBanking or Debit Card, agree to the Terms & Conditions, and proceed by clicking Submit.
Depending on the mode chosen by you in the above screenshot, you will be redirected to your respective banking portal to authorize the mandate.
6. After authorisation, review the details on the Mandate Approval Automation page
7.Look for the eNACH response message to ensure successful setup
8. You’ll then receive a confirmation message once the AutoSIP request has been initiated
