In case of ledger SIP, three consecutive attempts will be made to purchase the SIP (ETF & Stock only) In case there are 3 unsuccessful attempts for 3 consecutive months, and then the SIP might get cancelled. In case of MF ledger SIP, only one attempt will be made.
In case of ECS SIP, units / stocks will get bought assuming the payment will be received within 2-3 days of purchase, but if the funds are not received for consecutive 3 months, then MOSL might initiate cancellation of such SIP’s.
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