Examples of Debit Date in a sentence
If in any month, the SIP Debit Date opted by the Investor is not available (Say, 29th & 30th in February and 31st in case of alternate months), then the SIP Debit Date for those months shall be the last available Business Day in that month.
Investors can choose any date of his/her preference as SIP Debit Date.
Weekly SIP (Monday to Friday): Day of transferQuarterly# SIP (Calender Quarter i.e. January, April, July and October)(#ECS available)Monthly and Quarterly SIP: Preferred Debit Date (Any date except 29th, 30th and 31st)MMScheme / Plan / Option Frequency (Please ✓) SIP DateEnrolment Period Each SIP Amount Drawn on Bank BranchRegular From ToPerpetual From ToR RNo. of instalmentsTotal AmountFirst SIP Instalment via: Cheque No.MMMM01 A/c.
The earliest Debit Date for Payment Instructions entered on a non-Business Day will be the next Business Day.
Once we have begun processing a payment, on the Debit Date, it cannot be cancelled or edited, and therefore a stop payment request must be submitted.