You just need to do the following, to set up Invest the Change:


  1. Complete your Niyo Investments (mutual funds) registration formalities and KYC. Your account should be ready to start making investments.

  2. Set up Auto-Pay. For Invest the Change (ITC) to work, we need to send a debit request to your bank to automatically invest the amount, every time your spare change reaches Rs. 100.

  3. Select the mutual fund of your choice (you will see options for funds that allow minimum investments of Rs. 100). This is the fund in which your money will get invested. 


You will have the flexibility to stop the Invest the Change feature, to change the mutual fund, and to change the roundup amount (the amount to which we should round up and calculate spare change).