What happens if my SIP installment gets skipped for 3 months in a row ?
If your SIP debit fails for 3 consecutive months due to insufficient balance, an expired mandate, or any other reason the SIP gets automatically cancelled.
This means you won’t just miss those installments; the SIP registration itself stops, and no further debits will be attempted even if you fix the underlying issue afterward. To continue investing, you’d need to set up a fresh SIP.
If you notice a debit has failed even once, it’s worth checking and resolving the issue quickly, rather than waiting since a second and third missed month in a row will end the SIP altogether.
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