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    "result": {"data":{"wpPage":{"uri":"/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\">\n<li>The payment mode you’ve selected</li>\n\n\n\n<li>The SIP date you’ve chosen</li>\n</ol>\n\n\n\n<p>Here’s how it works:</p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you’ve <strong>selected UPI </strong>as the payment mode:\n<ul class=\"wp-block-list\">\n<li>Your first payment will be deducted on the same day you set up the SIP.</li>\n\n\n\n<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>\n</ul>\n</li>\n</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\">\n<li>If you’ve <strong>selected Debit Card or Net banking </strong>as the payment mode, your first payment will depend on how close your SIP date is to the set-up date:\n<ul class=\"wp-block-list\">\n<li>If your SIP date is within 6 days of the set-up date, your first payment will be made next month.</li>\n\n\n\n<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>\n</ul>\n</li>\n</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\">\n<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>\n</ul>\n\n</div></div>","seo":{"title":"When will my first auto payment be made towards the SIP? - PhonePe Invest Support","metaDesc":"","canonical":"/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: Here’s how it works: From then on, payments will continue on the SIP date you’ve chosen each month. For example, if you’ve set up 4 different SIPs on different dates and payment methods, here’s how the payment schedule will look:  Payment  Mode Set-up Date SIP Date… 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\":\"/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/\",\"url\":\"/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\":\"2026-10-15T12:29:03+00:00\",\"breadcrumb\":{\"@id\":\"/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"/mutual-funds/sips-2/when-will-my-first-auto-payment-be-made-towards-the-sip/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"/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\":\"Mutual Funds\",\"item\":\"/mutual-funds/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SIP(s)\",\"item\":\"/mutual-funds/sips-2/\"},{\"@type\":\"ListItem\",\"position\":4,\"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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