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    "result": {"data":{"wpPage":{"uri":"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/","title":"When will my first auto payment be made towards the SIP?","content":"\n<p>Your first SIP auto payment depends on two factors:</p>\n\n\n\n<ol class=\"wp-block-list\"><li>The payment mode you’ve selected</li><li>The SIP date you’ve chosen</li></ol>\n\n\n\n<p>Here’s how it works:</p>\n\n\n\n<ul class=\"wp-block-list\"><li>If you’ve&nbsp;<strong>selected UPI&nbsp;</strong>as the payment mode:<ul><li>Your first payment will be deducted on the same day you set up the SIP.</li><li>Your second payment will be made on the next available SIP date that is at least 30 days after the set-up date. However, if the 30-day criteria is not met, the SIP gets deducted in the subsequent month.</li></ul></li></ul>\n\n\n\n<p>From then on, payments will continue on the SIP date you’ve chosen each month.</p>\n\n\n\n<ul class=\"wp-block-list\"><li>If you’ve&nbsp;<strong>selected Debit Card or Net banking&nbsp;</strong>as the payment mode, your first payment will depend on how close your SIP date is to the set-up date:<ul><li>If your SIP date is within 6 days of the set-up date, your first payment will be made next month.</li><li>If your SIP date is after 7 days from the set-up date, your first payment will be made this month (on your selected SIP date).</li></ul></li></ul>\n\n\n\n<p>For example, if you’ve set up 4 different SIPs on different dates and payment methods, here’s how the payment schedule will look:&nbsp;</p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Payment&nbsp; Mode</strong></td><td><strong>Set-up Date</strong></td><td><strong>SIP Date</strong></td><td><strong>First payment</strong></td><td><strong>Second payment</strong></td><td><strong>Third &amp; following payments</strong></td></tr><tr><td>UPI</td><td>5th of March</td><td>7th of every month</td><td>5th of March</td><td>7th of April</td><td>7th of May onwards&nbsp;</td></tr><tr><td>UPI</td><td>15th of March</td><td>7th of every month</td><td>15th of March</td><td>7th of May</td><td>7th of June onwards&nbsp;</td></tr><tr><td>Netbanking /Debit Card (SIP date within 6 days of setup date)</td><td>5th of March</td><td>7th of every month</td><td>7th of April</td><td>7th of May</td><td>7th of June onwards&nbsp;</td></tr><tr><td>Netbanking /Debit Card (SIP date after 7 days from setup date)</td><td>15th of March</td><td>7th of every month</td><td>7th of April</td><td>7th of May</td><td>7th of June onwards&nbsp;</td></tr></tbody></table></figure>\n\n\n\n<p>The money for your SIP will be deducted from your account on the scheduled investment date, even if it falls on a weekend or a bank holiday. </p>\n\n\n<div class=\"feedback-survey\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Feedback Survey</h3></div><div class=\"content\">Yes</div></div>\n\n<div class=\"related-queries\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Related Queries</h3></div><div class=\"content\">\n\n<ul class=\"wp-block-list\"><li><a href=\"/home/mutual-funds/sips-2/what-if-the-money-was-not-deducted-on-the-due-date-for-my-sip/\">What if the money was not deducted on the due date for my SIP?</a></li></ul>\n\n</div></div>","seo":{"title":"When will my first auto payment be made towards the SIP? - PhonePe Invest Support","metaDesc":"","canonical":"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/","metaRobotsNoindex":"index","metaRobotsNofollow":"follow","opengraphTitle":"When will my first auto payment be made towards the SIP? - PhonePe Invest Support","opengraphDescription":"Your first SIP auto payment depends on two factors: The payment mode you’ve selected The SIP date you’ve chosen Here’s how it works: If you’ve selected UPI as the payment mode: Your first payment will be deducted on the same day you set up the SIP. Your second payment will be made on the next available SIP… Continue reading When will my first auto payment be made towards the SIP?","opengraphType":"article","twitterTitle":"","twitterDescription":"","schema":{"raw":"{\"@context\":\"https://schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/\",\"url\":\"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/\",\"name\":\"When will my first auto payment be made towards the SIP? - PhonePe Invest Support\",\"isPartOf\":{\"@id\":\"/#website\"},\"datePublished\":\"2025-05-22T06:40:24+00:00\",\"dateModified\":\"2025-05-22T06:42:25+00:00\",\"breadcrumb\":{\"@id\":\"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"/home/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home\",\"item\":\"/home/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Mutual Funds\",\"item\":\"/home/mutual-funds/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"SIP(s)\",\"item\":\"/home/mutual-funds/sips-2/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"When will my first auto payment be made towards the SIP?\"}]},{\"@type\":\"WebSite\",\"@id\":\"/#website\",\"url\":\"/\",\"name\":\"PhonePe Invest Support\",\"description\":\"Help Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}"}},"categoryAndTag":{"categoryAndTag":null},"featuredImage":null,"fields":{"feedbackSurvey":"Yes","relatedQueries":["/home/mutual-funds/sips-2/what-if-the-money-was-not-deducted-on-the-due-date-for-my-sip/"],"ctaDetails":null,"isContactSupportVisible":false}}},"pageContext":{"id":"cG9zdDo0OTA4Mw=="}},
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