Groww Logo

Stuck Somewhere?

My Tickets
Stocks
Mutual Funds
Payments
My Account
FDs
US Stocks
Gold
My SIPs
My Investments
AutoPay
Import Funds
Switch to Direct
Others

How do I pay for my SIP installment if the autopay debit has failed?

"If the autopay debit has failed, it could be because of the following reasons:
1. Your account may have had an insufficient balance
2. Autopay debit had some technical issues at your bank's end

In this case, paying for the SIP installment is very simple. Just add the SIP installment amount to your Groww Balance. Groww automatically deducts the amount required for the SIP installment from your Groww Balance.

Note:
1. If your account already has sufficient Groww Balance prior to the due date of the SIP and if your Autopay debit has failed, then you need not take any further action. Groww will automatically deduct the SIP amount from your Groww Balance
2. You can pay for the installment for up to 2 working days from the SIP due date. After that, your installment will be marked as failed automatically
3. If you have sufficient Groww Balance in your account and do not wish to pay for this installment, you can raise a Skip Instalment request 3-4 working days prior to the due date. Please note that this is only applicable for Groww-autopay linked SIPs. Alternatively, you can also cancel your SIP 7-10 working days prior to the SIP due date."
CONTACT US
We hope that this answer was helpful!
How was your experience?
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI