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Why is there a Rs.1 lakh limit in AutoPay?

AutoPay is simply an authorization to debit the monthly SIP amount from your bank account. The amount of Rs.1 Lakh is the maximum possible amount that can be debited from your bank account at a time. However, you can be assured that only the amount you have set for your monthly SIP will be debited.

Note: We suggest not changing this limit in your AutoPay as it may lead to rejection and upcoming SIP failure.
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