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Why is my SIP instalment skipping the 1st month?

Your first-month SIP instalment may be skipped due to the following reasons:

  1. Your mandate was not approved before the instalment date, preventing automatic debits.
  2. There was insufficient balance in your linked bank account at the time of debit.
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Why is my SIP instalment skipping the 1st month?

Your first-month SIP instalment may be skipped due to the following reasons:

  1. Your mandate was not approved before the instalment date, preventing automatic debits.
  2. There was insufficient balance in your linked bank account at the time of debit.
Was this article useful?
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