SIP Activation

Brief about SIP Activation

By when will my SIPs start getting deducted directly from the bank account?
In case the order has been placed with an already active mandate, SIP will be regularized in T+14 days. In case the order has been placed with a new Bank Ma...
Fri, 21 Oct, 2022 at 12:59 PM
What is a Bank Mandate?
Bank Mandates are basically a pre-approved limit on your bank account which can enable regular payments on a fixed date. A mandate amount is just a limit an...
Wed, 1 Jun, 2022 at 4:22 PM
How can I stop my SIP?
To stop any of your future SIPs, just go to the support page of the App or Website and use the message or chat window to place a request for stopping SIP al...
Fri, 21 Oct, 2022 at 1:00 PM
Why my SIP installment is not getting deducted?
Deduction of SIP from your bank account depends on the approval status of your bank mandate. Banks typically take 15 days to one month to approve a Bank Man...
Wed, 1 Jun, 2022 at 4:28 PM
Why my SIP installment is not getting deducted?
Deduction of SIP from your bank account depends on the approval status of your bank mandate. Banks typically take 15 days to one month to approve a Bank Man...
Wed, 1 Jun, 2022 at 4:32 PM
How can I skip my SIP?
There is no option to skip the SIP. The solution for this is to stop the SIP and restart again as per your need.
Wed, 1 Jun, 2022 at 4:32 PM
How can I pay in case I miss any of my SIP installments?
If any of the SIP installments is missed, then you can do additional purchase in the fund where SIP is going on. Such additional Purchase can be initiated b...
Wed, 19 Oct, 2022 at 7:07 PM
What will happen in case I do not maintain sufficient balance on the due date of SIP?
In case there is no sufficient balance on the due date of the SIP, the SIP will get reversed. Hence the investment for that particular installment will not ...
Wed, 1 Jun, 2022 at 4:35 PM
Why my SIP continues to debit even when I have redeemed my investments?
SIP stop and Redemption are two different transactions. Hence doing one of these transaction does not trigger another. Redemption transaction only means tha...
Wed, 1 Jun, 2022 at 4:36 PM
What will happen to my investments once my SIP tenure is completed?
Once the SIP tenure is complete, the auto debit from the bank will stop but the existing investments will remain in the fund and will continue to get return...
Wed, 1 Jun, 2022 at 4:36 PM