Can you withdraw money from my bank account without my knowledge?
No. The transfer of funds to the mutual funds will reflect in your bank statement and in your Scripbox account. In addition, most banks will inform you by email or SMS when money is withdrawn from your bank account. We highly recommend that you register for these alerts with your banks.
For monthly investments, Scripbox will send you an email and/or SMS (unless you specifically request us not to) 2 working days before the date of transfer of money from your bank account to the mutual funds.