1 / 11We invest in many places to save money. For this, Systematic Investment Plan (SIP) is considered to be the best option. This method of investment also leads to habit of regular savings and good return on investment.2 / 11But, many times there is not enough balance in your account and the installment is missed. But what if the installation goes wrong? Does SIP stop and what to do if SIP stops?3 / 11SIP installments are automatically debited from your account every month. That is why it is important that on the date of SIP, you should have enough money in your account to go into the SIP.4 / 11A stockbroker sends a payment request on the due date, payment is not made because the money is not available, the bank sees it as a default because you have already agreed to deduct a fixed amount on a fixed date. In such a case, the bank will charge a penalty of payment default by you.5 / 11If your SIP installments are missed for 4 consecutive months, your SIP can be cancelled. Earlier this rule was for 3 months but now this rule has been made for 4 months.6 / 11Canceling a SIP means that you will no longer be able to invest money in that SIP. So, you will be able to withdraw your deposit after maturity. You are likely to get lower returns as compared to the initial plan.7 / 11You need to ensure that you have a fixed amount in your account on the SIP due date. so that the payment does not default. Also keep a regular eye on your bank account.8 / 11Many times some have less amount in their account. This may be due to reduced sources of income or spending money on other needs. So when you are going through financial crisis you can cancel or stop your SIP.9 / 11Most fund houses offer an option to stop or temporarily stop SIP. When you have the money, you can resume your SIP.10 / 11Some mutual funds also offer an option to switch to SIP. In this you can change the SIP amount, change the frequency and also change the payment date.11 / 11By keeping these things in mind, you can avoid SIP misses, besides it is important that you plan the date of your SIP according to your financial cycle. So that your SIP will be deducted as soon as the salary or money comes into the account. Along with this, your regular savings also continue.