---
title: "How to set up automatic fund transfers from a bank account to an Arrow trading account?"
description: "You can use the eMandate facility to automatically transfer up to ₹1 crore at pre-set schedules from your bank account to your Arrow account. You…"
category: funds
subcategory: emandates
slug: how-to-set-up-automatic-fund-transfers-from-a-bank-account-to-a-irage-trading-ac
canonical: https://support.arrow.trade/funds/emandates/how-to-set-up-automatic-fund-transfers-from-a-bank-account-to-a-irage-trading-ac/
---

# How to set up automatic fund transfers from a bank account to an Arrow trading account?

> You can use the eMandate facility to automatically transfer up to ₹1 crore at pre-set schedules from your bank account to your Arrow account. You…

## Short answer

You can use the eMandate facility to automatically transfer up to ₹1 crore at pre-set schedules from your bank account to your Arrow account. You cannot use current bank accounts to create eMandates. iRage does not charge for eMandate registrations or transactions. However, if a transaction fails due to insufficient funds, your bank may charge a penalty.

## Creating an eMandate

Follow these steps to create an eMandate:

Visit app.arrow.trade/funds/mandates and click on Create a new mandate.

Select the account for which the mandate is to be created.

Authenticate the bank account using a debit card or netbanking.

Follow the on-screen instructions to complete the process on the bank’s mandate approval gateway.

Once the mandate is registered, create a schedule to transfer funds to the Arrow account.

It may take up to 5 days for the bank to activate the mandate.

## Creating a schedule

Follow these steps to create a schedule:

Name the schedule.

Select fund transfer date.

Select frequency and the amount to be transferred.

Click on Create schedule.

## Related

- Browse more in [emandates](/funds/emandates/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/funds/emandates/how-to-set-up-automatic-fund-transfers-from-a-bank-account-to-a-irage-trading-ac/
Publisher: Arrow / iRage Broking Services LLP