Insufficient Funds on Scheduled Debit Day in FYERS

What happens if there are insufficient funds on the scheduled debit day?

If there are not enough funds in your account on the scheduled debit day, the mandate for that day will be automatically cancelled. You must ensure that sufficient funds are available for future scheduled debits or consider cancelling the mandate if you do not wish to continue.

Note: Debits are scheduled to occur between 8:00 to 9:00 AM.

    • Related Articles

    • How to deposit funds into your FYERS trading account via UPI?

      Depositing funds into your FYERS trading account using UPI is a breeze. Whether you're on a desktop or the Fyers App, the process remains seamless. Here's a quick guide to help you: Login: Firstly, sign into the Fyers Web. Look for the '₹' icon, and ...

    • Can I fund my trading account using a Debit or Credit card?

      Regrettably, we don't process payments made via debit or credit cards for your trading account. For depositing funds, please utilise our Instant Payment Gateway, NEFT/RTGS/IMPS/UPI, or make a cheque transfer. Note: SEBI regulations prohibit us from ...

    • How do I withdraw funds using a Trading Account?

      All the withdrawal requests need to be placed from the My Account dashboard. Below are the steps to place a withdrawal request in FYERS: 1. Go to My Account (If you’ve already logged in to FYERS Web then you’ll automatically be logged in) and click ...

    • When can I access the funds after settling my trades and selling shares?

      After closing your positions and selling your equities, the amount will reflect under the 'Withdrawable Amount' in the 'Funds' section of the My Account portal on FYERS. The funds from the day's sales or any profits generated will be accessible for ...

    • Why aren't my recently added funds reflecting in my trading account ledger?

      Funds transferred during market hours via our payment gateway should immediately appear in your FYERS trading Account. However, for NEFT/RTGS/IMPS/UPI methods, there might be a delay of up to 2 hours or more, depending on the type of transaction and ...