What Happens If You Miss a SIP Payment?

No Penalty Fees

SIP Isn’t Cancelled Automatically

Your Bank Might Charge You

Impact on Long-Term Returns

Credit Score is Safe

Too Many Misses = SIP Termination

Stay on Track

Visit Abhi Loans To Know More

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What Happens If You Miss a SIP Payment?

What Happens If You Miss a SIP Payment?

Missing a SIP installment? Don’t panic—here’s what you need to know!

Missing a SIP installment? Don’t panic—here’s what you need to know!

No Penalty Fees

No Penalty Fees

Good News: No Penalty Unlike EMIs, mutual fund houses don’t charge any penalty if you miss a SIP payment.

Good News: No Penalty Unlike EMIs, mutual fund houses don’t charge any penalty if you miss a SIP payment.

SIP Isn’t Cancelled Automatically

SIP Isn’t Cancelled Automatically

One Missed SIP ≠ Cancellation Skipping one or two SIPs won’t cancel your investment plan. Most AMCs allow 2–3 consecutive misses.

One Missed SIP ≠ Cancellation Skipping one or two SIPs won’t cancel your investment plan. Most AMCs allow 2–3 consecutive misses.

Your Bank Might Charge You

Your Bank Might Charge You

Watch Out for Bank Charges Your bank may levy ECS return or bounce charges if there's insufficient balance in your account.

Watch Out for Bank Charges Your bank may levy ECS return or bounce charges if there's insufficient balance in your account.

Impact on Long-Term Returns

Impact on Long-Term Returns

Compounding Takes a Hit Missing SIPs can affect your compounding benefits, especially in long-term wealth creation.

Compounding Takes a Hit Missing SIPs can affect your compounding benefits, especially in long-term wealth creation.

Credit Score is Safe

Credit Score is Safe

No Impact on Credit Score SIPs are not loans, so missing them doesn’t impact your credit score.

No Impact on Credit Score SIPs are not loans, so missing them doesn’t impact your credit score.

Too Many Misses = SIP Termination

Too Many Misses = SIP Termination

Consistent Misses? SIP May Stop If you miss several SIPs in a row, your AMC may cancel the SIP mandate altogether.

Consistent Misses? SIP May Stop If you miss several SIPs in a row, your AMC may cancel the SIP mandate altogether.

Stay on Track

How to Avoid Missing SIPs Ensure auto-debit is active, maintain balance in your account, and set reminders.

How to Avoid Missing SIPs Ensure auto-debit is active, maintain balance in your account, and set reminders.

Visit Abhi Loans To Know More

Visit Abhi Loans To Know More

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