Calendar Day Daily SIP (Early Access)

Schedule

1. When FOT (first instalment today) = false

The first debit will be done the next day after the day of registration, as shown below:

SIP registration day 1st instalment 2nd instalment 3rd instalment
Monday Tuesday Wednesday Thursday
Tuesday Wednesday Thursday Friday
Wednesday Thursday Friday Saturday
Thursday Friday Saturday Sunday
Friday Saturday Sunday Monday
Saturday Sunday Monday Tuesday
Sunday Monday Tuesday Wednesday

2. When FOT (first instalment today) = true

The first debit will be done on the day of registration:

SIP registration day 1st instalment 2nd instalment 3rd instalment
Monday Monday Tuesday Wednesday
Tuesday Tuesday Wednesday Thursday
Wednesday Wednesday Thursday Friday
Thursday Thursday Friday Saturday
Friday Friday Saturday Sunday
Saturday Saturday Sunday Monday
Sunday Sunday Monday Tuesday

API Reference

For API specifications, refer to:
https://fintechprimitives.com/docs/api/#create-a-purchase-plan


FAQs

Q. If Saturday and Sunday are bank holidays, will 3 debits happen on one day?

A. No.
Debits will still follow the schedule above.
However, settlement to AMC will occur on the next bank working day.
For example, debits for Friday, Saturday, and Sunday will all be settled on Monday.

Behavior is the same for both UPI Autopay and E-NACH.


Q. If the SIP is created today at 9 PM and FOT = false, when will the debit happen?

Below is the detailed UPI Autopay schedule:

Time of SIP registration (T day) Pre-debit notification (T day) Debit by (T+1 day)
Between 8:00 AM to 4:00 PM Within T+1 hour Between 27-28 hours PM
Between 4.01 PM to 11:00 PM Between 11:00 PM to 12:00 AM Between 2:00 AM – 3:00 AM (T+2)
11:59 PM 12:00 AM – 1:00 AM (T+1) 3:00 AM – 4:00 AM (T+2)

Note: This schedule applies only to UPI Autopay.

For E-NACH, debit is expected within 24 hours, and there is no pre-debit notification.