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What does AutoPay/Mandate limit mean?

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AutoPay allows the user to automate their SIP payments by setting up a UPI Autopay or ENach Mandate on the Groww app.

A mandate is a consent given by user to Groww, that allows to deduct SIP Amount from user's bank account automatically on SIP date.

The maximum mandate limit is Rs 1 Lakh for ENach Mandates and Rs 15,000/- for UPI AutoPay.
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