What if the money was not deducted on the due date for my monthly SIP?

If you see that your money was not deducted for your monthly SIP, it could be due to any one of the below reasons:

• Your KYC is not verified.
• You have skipped your payment or deleted your SIP.
• The name on your PAN card is different from the name registered with your bank.
• Your bank account is inactive or invalid.
• Your bank declined the payment.
• Your account balance is not enough for the payment.
• You have reached the daily or monthly amount limit set by your bank.
• It has not been 30 days since you have set-up the autopay or made a SIP payment. There has to be a 30-day gap between the autopay set-up payment date/SIP date and the next scheduled SIP date. 

If you see that your auto payment wasn’t completed and your reason is not listed above, please tap the button below to create a ticket with us. This will help us better assist you. 

Learn more about how you can make a one-time investment for an SIP that you’ve set up an AutoPay for.