What if the SIP amount is not maintained in a savings account on the SIP date. What will be the bounce charges ?

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.