What is auto-invest & how do I set it up?
Auto-invest simplifies reinvesting by letting you reserve bonds before you get repaid. It ensures your repayments don’t sit idle and helps you earn compounded returns.
- When you are closer to a repayment, you will see auto-invest in the bonds section. This will allow you to choose a bond and specify the number of units to reserve.
- Set up UPI autopay by choosing your UPI app or entering your UPI ID.
- A mandate request (up to ₹1 lakh) will appear on your UPI app. This ensures your reserved bond gets invested seamlessly, similar to SIPs. Don’t worry—Wint Wealth will only deduct your money when a bond is reserved.
- Once the mandate is active, your selected bonds will be reserved.
- Funds will be deducted a day after the scheduled repayment date, ensuring your repayment is reinvested and grows further.
- Always maintain a sufficient balance in your account to ensure seamless transactions.