Autosave is a recurring deposit which you can do setup on the Fello app. 

The maximum Autosave amount has been set to INR 5000 for Fello, therefore, when you are setting up Autosave, you will be receiving a notification requesting a payment of INR 5000. But, when you approve that, only INR 1 will get debited from your account which is for confirming your bank account details. 

After the bank account verification, your daily or weekly debits will take place according to the amount which you have chosen on the Fello app.