What happens if my SIP falls on a market holiday?
SIP transactions on FYERS are processed via the Bombay Stock Exchange (BSE). If your SIP date coincides with a holiday on the BSE, the transaction will be deferred to the next working day. This affects both the order placement and the bank debit timing.
How SIP holiday processing works?
- If BSE is closed: The SIP order and bank debit are both deferred to the next working day.
- If BSE is open but your bank is closed: The SIP is still processed on the scheduled date. The bank will process the debit based on its internal timeline.
This means that SIP execution depends primarily on BSE’s working calendar, not your bank’s holiday schedule.
What If...
| Scenario | Explanation |
|---|
| Your SIP date is on a Sunday | The order is placed on Monday if BSE is open. Otherwise, it moves to the next working day. |
| Your bank is closed but BSE is open | The SIP is processed on schedule. Debit will be initiated but may reflect later. |
| Your SIP fails to execute | This may occur due to insufficient balance or technical failure—not holidays. FYERS does not skip cycles for holidays. |
| You manually invest on a holiday | Manual orders are queued and processed on the next working day. |
There’s no need to modify your SIP schedule around holidays. FYERS automatically aligns SIP execution with BSE operations, ensuring continuity.
Last updated: 16 Jun 2025
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