Banking
Standing Instruction (Auto-Debit) Kya Hai? — Matlab, Definition & Example
Definition
Standing instruction bank ko ek mandate hai ki har month fixed amount automatically specified account mein transfer kare. SIP, EMI, insurance premium ke liye use hota hai.
💡 Real Example
Set a standing instruction of ₹10,000 on the 5th of every month from your salary account to your mutual fund SIP — never miss an investment.
🇬🇧 English Mein (Standing Instruction (Auto-Debit))
Standing instruction is a mandate given to your bank to automatically transfer a fixed amount at regular intervals to a specified account. Used for SIP investments, loan EMIs, insurance premiums, and recurring bill payments. Can be set through net banking, NACH, or e-mandate.
❓ Common Questions
Standing Instruction (Auto-Debit) kya hai simple words mein?
Standing instruction bank ko ek mandate hai ki har month fixed amount automatically specified account mein transfer kare. SIP, EMI, insurance premium ke liye use hota hai.
Standing Instruction (Auto-Debit) ka ek example do?
Set a standing instruction of ₹10,000 on the 5th of every month from your salary account to your mutual fund SIP — never miss an investment.
Standing Instruction (Auto-Debit) ko English mein kya kehte hain?
English mein ise Standing Instruction (Auto-Debit) kehte hain. Standing instruction is a mandate given to your bank to automatically transfer a fixed amount at regular intervals to a specified account. Used for SIP investments, loan EMIs, insurance premiums, and