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.
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