PhonePe or SBI mutual fund or Axis bank

Money deducted 18 times due to Autopay failure

Name of Complainant Ashish Singh
Date of ComplaintMay 6, 2023
Name(s) of companies complained against
Category of complaint Investments
Permanent link of complaint Right click to copy link

I am having an SIP (SBI mutual fund), which registered with PhonePe,which has autopay enabled .So last month (March) SIP installment has been made through Axis Bank (Bank which is linked in SIP). But due to some problem, there was a insufficient amount. So PhonePe has initiated an autodebit on 11th of March but didn’t […]

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