How to change/Modify SIP start Date or amount?
No, the start date or amount of an existing SIP cannot be modified. To make changes:
1.Cancel the current SIP.
2.Set up a new SIP with the preferred start date and amount.
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Do I need to login on every Mutual Fund SIP date to place the Mutual Fund SIP orders?
No, once you register a SIP request , basis of instructions Exchange will trigger the SIP orders on every SIP date, SIP will be executed on the successful SIP amount debit.
Do I need to login on every Mutual Fund SIP date to place the Mutual Fund SIP orders?
No, once you register a SIP request , basis of instructions Exchange will trigger the SIP orders on every SIP date, SIP will be executed on the successful SIP amount debit.
Do client need to login on every Mutual Fund SIP date to place the Mutual Fund SIP orders?
No, once client have placed Mutual Fund SIP requests, Exchange will trigger the SIP orders on every cycle date, SIP will be executed on the successful SIP amount debit.
What if the SIP amount is not maintained in a savings account on the SIP date. What will be the bounce charges ?
IIFL does not charge for bounce SIP transactions. You need to check with your respective bank for the same.To avoid bank charges, client needs to maintain sufficient balance in his/her bank account before two working days, prior the sip due date.
What if the SIP amount is not maintained in a savings account on the SIP date. What will be the bounce charges ?
IIFL does not charge for bounce SIP transactions. You need to check with your respective bank for the same.To avoid bank charges, client needs to maintain sufficient balance in his/her bank account before two working days, prior the sip due date.