--- title: 'What Happens If You Miss a SIP Installment? 5 Big Losses | Sagar Sinha' source: 'https://youtube.com/watch?v=xO415j3JB1Y' video_id: 'xO415j3JB1Y' date: 2026-08-14 duration_sec: 2096 --- # What Happens If You Miss a SIP Installment? 5 Big Losses | Sagar Sinha > Source: [What Happens If You Miss a SIP Installment? 5 Big Losses | Sagar Sinha](https://youtube.com/watch?v=xO415j3JB1Y) ## Summary The video discusses the consequences of missing a SIP installment, outlining five major losses including bank charges, cancellation of SIP, breaking the compounding chain, losing rupee cost averaging benefits, and delaying financial goals. It also provides practical tips to avoid missing installments and emphasizes the importance of insurance as a backup. ### Key Points - **SIP is not a loan** [00:42] — SIP is an investment, not a loan, so there is no EMI, only installments. Missing an installment is not a default but can have financial consequences. - **Bank bounce charges** [03:43] — Banks charge a bounce fee for failed SIP mandates, ranging from ₹250 to ₹500 plus 18% GST, depending on the bank. - **SIP cancellation after three misses** [07:59] — Missing three consecutive installments leads to automatic cancellation of the SIP by the AMC. - **Compounding loss** [10:34] — Missing an installment breaks the compounding chain. A ₹5,000 missed installment could become ₹48,000 after 20 years at 12% CAGR. - **Insurance as backup** [14:57] — Health and term insurance act as a backup to protect SIP investments from being broken during emergencies like medical crises or death. - **Rupee cost averaging loss** [22:12] — Missing an installment during a market downturn means missing the opportunity to buy more units at lower prices, negating the benefit of rupee cost averaging. - **Goal delay** [25:28] — Missing SIP installments can delay or reduce the achievement of financial goals, such as accumulating ₹50 lakh in 15 years. - **Credit score misconception** [26:27] — Missing a SIP does not affect CIBIL score, but repeated bank mandate failures might impact internal bank records. - **ULIP vs SIP** [28:03] — ULIP is an insurance product, not a mutual fund SIP. Missing ULIP premiums can lead to policy lapse and loss of benefits. - **What to do if you miss** [29:48] — If you miss an installment, don't panic. The SIP will resume automatically when funds are available. You can also deposit a lump sum or pause the SIP. - **Seven habits to avoid missing** [30:48] — Set SIP dates 2-3 days after salary, stagger SIP dates, maintain a buffer balance, and link SIP to the salary account to avoid misses. ## Transcript especially if I go to Uttar Pradesh and Bihar, then I definitely come across someone who has some problem or the other related to SIP, some asks me this because most of the people have seen my SIP videos, mutual fund videos in small towns and they have some problem or the other and if I am seen then my brother catches me and tells me what is the solution, so one big problem which they had was that if the SIP installment is missed then installment is missed then what losses can occur? People talk about SIP EMI, what will happen if the SIP EMI is missed? It is not called EMI because SIP is not a loan. You have not taken any loan. SIP is an investment that you are doing on your own will. You do not owe anyone any money by putting any pressure on you. So that's why we do n't talk about EMI of SIP. It is called installment. So if the installment is missed then there is a loss brother. Not to be missed. And if you have to miss it, then there is a method for that too. If you do not have money and you feel that you are a little short of money for a month or two, then there is a method for that too. If you leave it like this thinking that you do not have money, that is wrong, there will be loss in that. I am going to tell you five major losses now, but if you want to stop it for some time in a genuine way, I will tell you the method for that too. Plus, many people are confused about what all confusions are there related to this. Today, in the end, I am going to clear that confusion also. So, overall, and I will clear it in such a way that after this, brother, no question will remain. So brother, whoever asked me this question, I am conducting a session especially for you and because of you, thousands and lakhs of people will benefit today. If they have this confusion then their confusion will be cleared today. no need to tell me this. I have told you many times. Still, I will tell you. SIP stands for Systematic Investment Plan. Every month you invest an amount of your choice, ₹500 per month, ₹1000 per month, ₹2000 per month, any amount per month in a mutual fund and the process of investing that money is Plan. Ok? And that money is finally invested in the stock market. Fund Manager: In the mutual fund company to which you give money monthly, there are fund managers whose job is to manage the fund. So those fund managers choose the stocks using their wisdom and understanding. Your money is invested in those stocks and as those stocks grow, your mutual fund also grows. Your money also keeps growing in the same proportion. Ok? This is basically SIP. Now understand one thing that when you start SIP with any mutual fund, with any app, with any broker, you see that whenever you start SIP, you are made to sign a mandate in the form. What is that mandate, that by signing that form you are What is that mandate, that by signing that form you are telling the bank that whatever bank you have, so much amount should be automatically deducted from that bank on this date every month and you have no problem with it. Meaning, you have no problem with it. As soon as the form reaches the bank, the bank understands that you have given permission. Money will be deducted from your account every month. Correct? We call this NAS Mandate month. Correct? We call this NAS Mandate NACA or for understanding you can also call it ECS which is deducted from your account every month. Now after missing this, consider this as the first problem among the five problems. The first problem is the bank's bounce charge. Look, understand one thing. Mutual Fund Company i.e. AMC i.e. Asset Management Company never charges any penalty from you. No fine is charged. It never charges. Understand one thing. Yes, but the bank from which your money is deducted will definitely charge. What happens? When you have signed the mandate that the money is to be deducted from the bank on this date and when this mutual fund company money is not found in your bank account, then this mutual fund company is very honest, they do not have any problem, they understand that brother, he may not have the money, bank is very cruel, it will recover every penny, it says that you have given the mandate to someone else and you have given the mandate to someone else and you did not keep the funds in the account, give to a mutual fund company. No, the bank for itself. Now different banks have different penalties. Like SBI PNB has a penalty of ₹250. 18% GST will be charged separately on this. HDFC starts at Rs 450. ICICI Kotak is 500. Axis is 500. This keeps changing from time to time brother. But I have told you in general that this is what happens and along with that 18% GST will be charged separately. Now understand the problem caused by this. How big does the problem become? I have written about that problem further. The I have written about that problem further. The biggest problem is that if you have a SIP of ₹500 per month and for one month the money falls short, then the bank has to deduct ₹550, ₹500 plus GST, i.e. ₹590, brother. Now understand the problem, what will happen? Suppose you have done understand the problem, what will happen? Suppose you have done SIP of ₹2000 in five different fund houses. Understand this thing. You have done an SIP of ₹2000 with different fund houses with different MCs. And all five SIPs are deducted on the same date. Let's suppose on the 10th, all those five SIPs of Rs. 2000 each are to be deducted on the 10th and on the 10th, there is no money in your bank account, so imagine what will happen when there is no money in the bank account, but transaction penalty will be levied, so when the transaction means once the mutual fund company comes to your bank to withdraw the money, if the money is missing then the bank will immediately deduct that one time money, so how much is the SIP of Rs. 2000 each? If you have five SIPs from different mutual fund houses, then you will be charged penalty five times, houses, then you will be charged penalty five times, 500 * 5 means 2500, exclude GST from it, which means you will be charged ₹2950 penalty, the bank has imposed it brother, that means your one SIP was of 2000, more than that, so the penalty will be levied on you, who will take this, the bank will take it, it will not give it to AMC, it will keep it with itself, the bank said why did you not keep the balance, the bank will deduct this brother, so this becomes a big loss. This is a 1 month view mistake. More money was spent on just one penalty than on an entire installment. So I understood the matter. What is the first disadvantage? AMC i.e. mutual fund company does not charge any fee or penalty in any way. The bank definitely accepts it. A good bank definitely accepts it. What did I say? But the transaction means that every time the AMC went to collect the money, it did Well, how many times will AMC go? Will go only once. If you have said on the 10th that brother AMC should come, the mutual fund company should come and take the money from my bank, then it will come only once on the 10th, it is not like that if it is not received on the 10th then it will come on the 11th, it does not happen like this, it will not received on the 10th then it will come on the 11th, it does not happen like this, it will come only once on the 10th, there is no money in the bank, the bank will charge a penalty, that month ends, now the next month AMC will come back on the 10th, now if it is missing in the next month also then penalty will be levied, it will come in the third month on the 10th, if it is missing again then penalty will be levied, it will come on the 10th, if it is missing again then penalty will be levied. Every time AMC Asset Management Company came to the bank to collect the money, it was found missing. There is no money, so many times penalty. Correct. Now if it happens three times, I will tell you its disadvantages also. If you miss it three times, will tell you its disadvantages also. If you miss it three times, your SIP will be stopped. Yes, this is what an your SIP will be stopped. Yes, this is what an asset management company does, that if you, the poor fellow, apply to the bank three times, give me the money, give me the money, give me the money. And if your bank account is empty all three times then SIP is stopped. This account is empty all three times then SIP is stopped. This is a big loss brother. Now understand this like this, you miss three consecutive installments and the AMC automatically cancels your SIP. AMC automatically cancels your SIP. Now imagine someone had started an SIP in 2020 for ₹2000. He might have started SIP in 2020 and in 2022, due to some reason, he faced financial crunch for 3 months and he missed three SIPs continuously and silently the SIPs were missed three SIPs continuously and silently the SIPs were also stopped, he did not even realize it, he kept thinking that brother, my SIP is running, it is okay that three SIPs were missed, the fourth one must have started getting deducted, it must be getting deducted and suddenly in 2026, he opens it and sees that brother, nothing has happened to the investment of four years, it is lying closed, yes, but understand one thing, whatever money is deposited in your account before those three SIPs are missed, it remains deposited and that money keeps increasing. That money is not something that the company will automatically digest or will automatically come back to your bank account. This will not happen. That money will remain lying there. Whatever growth the same AMC will have, it will continue to grow. Correct? So if you miss three closings, your SIP will be stopped. Keep this thing in mind. Correct? What is good news is that if you pause the SIP, instead of bouncing, SIP also problem for the next three months or four months or five months due to some reason like job related problem or business related problem, then from wherever you have booked the SIP, there is an option to pause the SIP, you can pause the SIP, I think the maximum period is up to 6 months, you can pause it for 6 months, but as soon as you resume from pause, the SIP will start getting deducted again, in that case the SIP does not stop, but if you have left it and the SIP is getting missed automatically, then in that case the SIP will stop after three. If you paused it, it means you stopped it, so paused it, it means you stopped it, so No problem. After that SIP will be activated. Ok? I am able to understand this. So I have told you two disadvantages. Listen brother, the third loss. I will tell you five such disadvantages. And after the fifth one I will also clear some misunderstandings. That is a big misunderstanding, brother. People do a lot of harm to themselves. Many means how many, lakhs of rupees, lakhs of rupees, there is a loss of lakhs of rupees because of that one misunderstanding, so stop till the misunderstanding, definitely understand carefully, number three loss, number three is the chain of compounding is broken, loss, number three is the chain of compounding is broken, result which you see in the long run is seen because of compounding, like let seen because of compounding, like let me show you an example, this is a SIP calculator. Ok? Let's assume you invest ₹5,000 per month and are getting a CAGR of 12% and I assume you have invested for 35 years. Now understand one thing, if you invest for 35 years, then the total return shown here is approximately ₹5 crore. But your invested amount is only ₹21 lakh. This means that your investment of just ₹21 lakh has become ₹5 crore. Now understand this, this ₹21 lakh, this ₹21 lakh has been made by investing ₹55000 and that ₹21 lakh has become 2.5 crore, think about it, if three SIPs are become 2.5 crore, think about it, if three SIPs are missed, it means only ₹15000 has been missed, it is possible that this ₹5 crore may come to just ₹ crore, 50 lakh may be reduced just because of not paying ₹15000 because when ₹5 crore is being made from ₹1 lakh, how much, when ₹5 crore is being made from ₹21 lakh, then brother, 50 lakh can be made from ₹15,000 and it is also made. See the example, I have written it here also. if your SIP is going to be Rs 5000, then after 20 years it would become Rs 48,000. I am talking about just ₹5,000 per installment. A ₹5000 would turn into ₹48,000 after 20 years. A ₹5000 would turn into ₹48,000 after 20 years. A 5000 so you did not incur a loss of only 5000 by holding back only ₹000. Loss of 48,000 because this 5,000 was going to be made Loss of 48,000 because this 5,000 was going to be made alone 48,000 is gone isn't it ? Ok? And in the same way, if you miss six installments, that is, if you miss ₹00, then you miss six installments, that is, if you miss ₹00, then it becomes 2.8 lakh after 20 years. I have calculated it as per 12%, brother. And when 12% is calculated, it is not that we get 12. You can get 15 , you can get 10, you can get five also. It has been observed in the long run that it is available above 12. become around 2.8 lakhs i.e. ₹5 lakhs, so you did not save just ₹00. You did not lose just ₹00. There was a loss of ₹5 lakh, brother. So whatever was going to be received in the future was a loss. Ok? Skipping an installment today seems like a loss of ₹5,000. But after 20 years that ₹48,000, one installment of 5000 and three installments means ₹5 lakh installment of 5000 and three installments means ₹5 lakh and the more time is left, the bigger the loss. What did I write? The more time the better, yes I have written this because if you have done SIP for 30 years and 30 years are left from today, then the more the time of 30 years, the more chance of compounding and the bigger the loss. If 50 years are left from today and you are going to do SIP for 50 years, then fine brother, don't look at a businessman, this is the mentality of a middle class and a businessman or a rich man. A rich man does n't just count today's losses. He calculates the losses from today till the next 5 years and the next 10 years. But middle class people like us, poor people, if today's income is only Rs 5000 then there is a loss of Rs 5000. If we are wasting one hour of time somewhere, then we realize that only one hour of time has been wasted. We do not understand that if we had spent one hour on some productive task and the result of that one hour could have been earning ₹1 lakh, then in reality it was not a loss of one hour but a loss of ₹1 lakh. You will have to think like this brother. Only then will you be able to bring productivity in terms of money and time in the right way. It is brother. Only then will you be able to bring productivity in terms of money and time in the right way. It is loss today can lead to a huge loss in the future. That will happen when you learn to calculate today's loss with future loss. Ok? So brother, we told you that this three number is the loss number. But after that listen to one special thing. What is the purpose of any SIP? It is done for investment purposes, right? And I always say, I have said this many times, before making any investment, make a backup of the asset of that investment so that the investment remains completely protected and does not get lost. We also buy a mobile phone, right? Look brother, I have put a cover on this mobile phone. It is transparent, it may not be visible. Why? How much is this cover? There will be a cover of ₹1000. cover of ₹1000 will save the phone worth ₹1.5 lakh from breaking if it falls. In the monthly SIP of ₹10,000 which was going to become 50 lakhs or 1 crore tomorrow, should become 1 crore in the right manner, it should not break before becoming 1 crore, hence it is necessary to protect it and first how it gets protected, then understand how it gets protected, it breaks in such a way that God forbid, tomorrow some kind of disease occurs, some medical emergency comes, some accident happens because brother, diseases and accidents do not come by informing us. diseases and accidents do not come by informing us. day after tomorrow. I met an uncle, I saw him suddenly. He was carrying a big stick. There were some machines installed at his place. So I asked uncle, what happened suddenly? Because I had seen the same uncle in the society a week ago. I had seen the same uncle in the society a week ago. brother, there used to be a different kind of energy in his body. But after a week I see that he is two or four machines installed here. I asked, what happened uncle? So you are saying brother son, heart attack, sorry, paralysis? Yes, he was paralyzed. Meaning, that man would be that uncle. I feel that he is 65-70 years old, but at the age of 70, he was 65-70 years old, but at the age of 70, he was very carefree, he used to run every day, he used to jog every day, very carefree, he used to run every day, he used to jog every day, such a fit man suddenly got paralyzed, I mean, you are thinking how uncertain life is, a man who exercises every day, a man who builds his body, a man who goes to the gym, a man who runs, is dying of a heart attack, life is so uncertain, accept this thing, brother, what happens in such a situation, take him to the hospital, brother, the hospital people said, what should I do with a bill of 10 lakhs, I do n't have 10 lakhs, I had made an SIP, break that. But the SIP which you had done thinking that it would earn Rs 1 crore, got broken into Rs 30 lakh. Meaning this phone is broken. Consider that I did not spend this ₹1500. It broke. And what is the second emergency? There is no life left. The earning man left this world for some reason. Only in that case the family has to break the SIP. Everything including land has to be sold. The house has to be sold. Why? I have to run the house, pay the child's fees , and make a living. What will that man do? All assets, all investments are broken and sold. And if you search on Google, you will find many such cases where the search on Google, you will find many such cases where the sold everything to pay the hospital bill. All the land and property was sold. All investment stocks, SIPs, cryptos, fiptos were all sold. That is why it is said that brother, do SIP but before SIP, make arrangements for its protection. And that protection system is health insurance and term insurance. Health insurance protects you from huge medical bills in any way. Because whatever be the hospital expenses, be it due to an accident or a major illness, the health insurance company saves you by paying that money. This is what insurance is, right? You paid ₹00700 per month, you got a cover of lakhs of rupees, so now if tomorrow a bill of lakhs comes, you will not have to pay it from your pocket. The health insurance company will pay it. Neither your SIP is saved nor the investment in land nor the property, everything is saved, term insurance is like this, by paying ₹600 per month you get a cover of crores, even if you are not alive tomorrow, the family gets crores of rupees, by getting this money the family can survive financially comfortably, no one will be able to compensate for their emotional loss but brother, this compensates for the financial loss, well listen to some more things brother, a big disease eats away the savings of years in one stroke, that is why health insurance is an umbrella, it saves you and you never get company insurance. Some people live in the belief that our company has Hey brother, the day you leave the company, your health insurance will end. And if something happens the next day and you company, your health insurance will end. And if something happens the next day and you insurance. You cannot say this, I left the company just two days ago, brother, give it to me. If he doesn't give it then it's over. If you leave the company, your insurance will be cancelled. And the Features and benefits are very less. There will be 50 types of problems in this. So that's why don't depend on the company. It is important to have your own health insurance. Ok ? The company's cover is often only Rs 3 to 5 lakh. And in big cities, Rs 5 lakh are spent just on entering the hospital. Go inside, 5 lakhs are finished. Owning a policy is cheap and easy when you are young. As brother grows older, he becomes expensive along with illness. Higher premium has to be paid. Advance health insurance has come into existence today. Maternity cover, all these are also included in it. 60 days before and 90 days after, that is, And the second is term insurance. Term insurance is the support of your family, brother. After your death, loans, EMIs, children's education, household expenses, everything is taken care of through term insurance. And term insurance is the cheapest insurance. The cheapest one offers the largest cover at a low premium. But remember this is a security cover brother. It 's a lie brother. This is not an investment. Ok ? And the premium is only ₹00700. Well, can I get both for ₹600? No. No. ₹00700 separately for this 600700 crores in this. You get a cover worth crores. I mean, I am talking about a cover worth lakhs and crores. But if you want a discount from a trusted source, I have provided a link in the description. As soon as you click on it, don't understand then there is a number there also. Call him or he will call you back himself. Understand the plan of five companies from that in detail. Do n't think that anyone is one. It could be his target. Do n't do this at all because you want to sell your company's plan. Tell him to tell me the plan of five companies. Choose the best among the five companies and buy that one. brother. So that's why that description link is a customized link. I told you. Well, you can get it from anywhere. Take it from your uncle, uncle, maternal uncle, aunt, any agent, but take it from anywhere. So it is important to take this. But the link in the description is a discounted link. You get a chance to compare. You get a relationship manager there. Helps you in getting the claim. You get many benefits if you take it from there. The rest is up to you, you can take it from anywhere. Understand one thing. Neither the disease is going to go away from the world nor the hospital expenses. You just have to think who will pay the hospital bill? You or your insurance policy. is a terrible loss. This is a big loss. Please understand carefully. understand carefully. Losing the benefit of rupee cost averaging. What happens is that the market usually falls when the environment is bad. Bad environment means there is a recession, job loss is in danger, announced some policy, something has happened in the bank , anything, then the stock market falls. And in those very months, your pocket may also become tight. Because when there is an economic crisis, jobs also come under threat. And when jobs are threatened, the question arises as to how we will pay SIP. how we will pay SIP. And in this situation if SIP is missed then when the market is falling or has fallen, at that time understand that there is no sale going on in SIP, more goods are available at cheaper rates, this is how I explain it, when you pay the installments of SIP, you get units, SIP units and those units keep growing tomorrow and tomorrow when you redeem SIP, that is, you withdraw money, then you have sold those units, understand like this, you get a number of units on every installment of yours. Now I have taken an example that suppose in January 2026 you are doing SIP of ₹10,000 per month, then doing SIP of ₹10,000 per month, then in that SIP of ₹10,000, the actual NAV in that SIP of ₹10,000, the actual NAV of that mutual fund was ₹179 and by paying ₹179 you were getting 55 units of that SIP. But what happened? In 26 2026, sorry But what happened? In 26 2026, sorry in February 26, the market fell to ₹182, the market did not fall, the market went up, here you see the NAV reached ₹182, by paying ₹182 you got only 54 units, when did this happen, when the market went up, but what happened in March, the market fell, now when the market fell, the NAV became cheaper, well, due to cheaper NAV, more units are being available, so look, by paying ₹15 you are getting 60 units. Meaning, a month ago, you were paying Rs 182 and getting only Rs 54. Next month you can get 60 units for just Rs 165. More units are being received. And tomorrow these units will grow. So you miss this opportunity to buy more units if you miss your SIP here. So you were sleeping when the sale was going on and you had no money. So brother, you missed the chance to buy it cheaply. So try never to miss any SIP. Well, because we don't know brother that we are passive investors. We would n't be tracking the stock market as much. Generally only n't be tracking the stock market as much. Generally only those people do SIP. So when we are market is down. When the market is up. Who knows, there might be a sale going on when you missed your SIP. The market is down. That's why brother, try not to miss any SIP. brother, try not to miss any SIP. Missing an installment during a market downturn means missing the opportunity to accumulate more units at a cheaper rate, which negates the full benefit of rupee cost averaging. This is called rupee cost averaging. Sometimes you buy cheap, sometimes you buy expensive, sometimes you buy cheap, sometimes you buy expensive. So there is an averaging over the long term. Correct? Now the fifth, now the fifth, listen brother, your goal may move back. Most of the time, we do goal-based investing through SIP. Maybe we have a goal for our children's education , buying a house , or retirement planning. One installment can set you back a lot. Let's suppose if you had a goal of accumulating ₹50 lakh in 15 years and if you were investing ₹10,000 per month, then you would have accumulated ₹50 lakh in 15 years. And if you miss three installments and because of missing those three installments, it may get stuck at Rs 50 lakh or Rs 45 lakh. You will say that three installments means only Rs 3000 have been missed but that Rs means only Rs 3000 have been missed but that Rs 300 did not remain in the market for 15 years. If it had been in the market, who knows that Rs 300 would have become Rs 3 lakh. 5 lakh would have been made because that market is not in 30,000 so 5 lakh could not be made. Are you getting the 5 lakh could not be made. Are you getting the point? That is why SIP should not be missed. Ok? Now understand one thing carefully brother. Some people have this misconception that if SIP is missed then our credit score will get affected. Civil will get spoiled. There will be difficulty in getting a loan. If the SIP is missed then it is not like that at all. SIP as I said in the beginning. Now look, this is not a loan. Correct? EMI bouncing and SIP bouncing are two different things. In EMI, you are returning someone's money because you have taken a loan. SIP In SIP you are saving your money for yourself. Therefore, if you miss the SIP, you will not receive any recovery call asking when are you depositing the money? Hey give me the money. No defaulter list comes here. No legal notice is issued and civil suit is also not affected. Be rest assured about this. I told you the disadvantages of missing SIP. This is not a loss at all. Yes, one thing definitely happens that if the bank's mandate is failing again and again, if your account is bouncing from the bank again and again, if your ECS is failing, then the ECS is failing, then the bank can impact your civil. Your record inside the bank may get spoiled. Nothing happens at the mutual fund level. Civil inside the bank may deteriorate. So whatever the bank wants to do, it can do it. But this is also very rare. He is not that common. For example, if you miss the EMI of your loan, your CIBIL will definitely be affected. If you miss this, it is not necessary that your civil will get spoiled. From the bank's side. Nothing happens from the SIP side, that is, from the mutual fund AMC side. It from the mutual fund AMC side. It Now yes, please understand one thing brother. Yes. Hey, So I added this point here. Some people consider mutual Some people consider mutual fund SIP and ULI to be the same. Because many times we buy ULIP plan on the advice of an agent. That too is sold as mutual fund. So we will understand that Sagar Sir is saying that if the installment in mutual fund is missed then there is no problem. Sir, I am talking about mutual funds. I am not talking about ULIP. ULIP plan, ULIP insurance, if any agent of any company has sold it to you by calling it a mutual fund, then it is not a SIP, sir, it is the premium of insurance. Similarly, do not make the mistake of missing the premium of LIC ULIP endowment policy, the policy lapses, you do not get the benefit of the policy which stops, gets finished, miss one or two policies, the policy lapses, this does not happen in SIP, SIP people are a little normal. He believes that there may be problems till the third installment, brother. most of the SIPs will be closed. Your money will not lapse. Here, whatever you have People digest that lapse too. This is their policy. So if some agent has sold you ULIP by calling it a mutual fund. Please confirm it. If it is a ULIP then do not make the mistake of missing the installment. Not a single installment. If even a single installment is missed, the company will confiscate whatever has been deposited. She will not give anything. Correct? If I have to choose a month and miss someone. You also have a ULIP plan and this is also there, so brother, miss the SIP because they do not charge you commission or penalty. This will lapse. These people will swallow all the money. Ok? What to do if you miss it after that? Yes, I understand this too. Look at the first step, don't panic. If there is balance, when money comes into your bank the next month, the SIP installment is automatically deducted again. There is no problem. And if you think that Bhaiya Sagar Sir told all this about Rupee Cost Averaging Compounding, that our age of Rs. 5000 may stop. You can also deposit lump sum when the money comes. You can also put it in yourself the day it comes. is a fixed date. Whatever you have done on 10th and 12th will be deducted. If you have some extra deducted. If you have some extra money, put it in that separately. Correct? You can deposit the remaining amount separately. Keep counting brother, it's okay if one or two are missed. Do n't miss it the third time. SIP will be stopped. Well, if there is a continuous problem then pause the SIP. As I told you, it seems that there is a problem of money for three, four, six months and we will not be able to save it. Pause the SIP. That is a session so that you can continue it again anytime. After that, adopt these seven habits so that no such problem arises with your SIP in future. The first habit is to keep the SIP date two-three days after the salary. If your salary is credited on the 10th, your SIP should be deducted on the 11th, 12th or 13th. It should not happen that our SIP of 20th is deducted because there are high chances that your account will be empty on 20th. This is the problem with us middle class people. Salary came on 10th, account was emptied on 20th. Are? The rest of the day will continue like this by changing the demand on credit card. continue like this by changing the demand on credit card. So try this, the salary should not come here and the SIP installment should be deducted and it is best that the SIP installment should be deducted the very next day, sorry, the day the salary comes, the SIP installment should be deducted the very next day, that is best. Do not keep all SIPs on one date. Meaning, do n't keep it on the same date. Any SIP if salary is coming on 10th. Some get it cut on 12th , some get it cut on 13th, some get it cut on 14th , some get it cut on 15th. Do it like this. Don't keep all of them on the same date. Because if for some reason the money is missing on that date or does not come, then five of the five bounce charges will be levied simultaneously. Third, do one thing, bounce charges will be levied simultaneously. Third, do one thing, installment is Rs 5,000 and you do SIP of Rs 5,000, then keep Rs 10,000 in your account at any time. keep Rs 10,000 in your account at any time. Because if you go to the bank on get it because you maintain ₹10,000 at any time. because you maintain ₹10,000 at any time. people make this mistake that brother, salary is coming in our Kotak account and we have done SIP with SBI because when salary comes, we will deposit it in SBI because is a village account. How can we get it closed brother, it has to be run. Our emotions are attached to it. So don't make this mistake. If salary is coming into my account then get it deducted from Kotak. If salary is coming in access then get it deducted from access. You save an extra head and overhead and the risk of missing the SIP also risk of missing the SIP also reduces. If the income is irregular then instead of monthly, yes this is also a problem. Many people like business businessmen are self-employed. Earnings keep fluctuating. So instead of monthly SIP, you can choose the option of quarterly SIP. Your SIP installment will be deducted every 3 months. It will not be deducted every month. January has passed, now March will pass. Your deduction will continue at a gap of every two-three months every three months. You can also choose the PU option. If the income is irregular or not consistent, then keep the SIP amount to the extent that it can be withdrawn under any circumstances. This means that you should do SIP of the amount that you can maintain in the bank at any time. you can maintain in the bank at any time. Like bounce only bank balance commission not document domat account. Mandate expiry also happens due to some technical reasons. Even then the banks will inform you. So stay in touch with the bank for that. So brother, please take care of these seven things. You will never miss a SIP. And lastly I have mentioned here that backup first SIP second. Because what is SIP? SIP is your mobile phone. And what is a backup? This cover. So protect your SIP. By putting this cover on. What is that cover? Term Insurance and Health Insurance. And how did you like this session that we conducted today? Did you find it great? I was able to tell you everything openly, please do tell us by writing in the comment box brother, you blew me away today, you told me amazingly, this was our problem, this is what we were not able to understand, no one was telling us, today you told everything openly, please tell me by writing in the comment box, it is possible that I may not reply but I definitely read each and every comment and I give time to read your comments, so whatever feelings come to your mind, write them openly in the comment box brother, okay, rest of the link of 15 to 25% discount on term insurance and health insurance, we have put the link in the description and in the comment. Well, that's all for today.