Sold Some shares to PAY SIP on my Portfolio

Hi On friday i sold some equity using proceeds i scheduled sip on COIN - but my coin dashboard shows insufficient balance. eg 5000 * 3 sip = 15000 i have 15500 as balance … is there a way to re trigger ? do we have call center where we can call?

The proceeds from a sale of stock can only be used to place a MF order after T+1 days. If an order on Coin fails, it ill be retried 5 times. So your order will automatically be placed today.

The proceeds from a sale of stock can only be used to place a MF order after T+1 days. If an order on Coin fails, it ill be retried 5 times. So your order will automatically be placed today.

In case the SIP is failed what can be done next? Still does COIN retry for 5 days?

Yes.

@Bhuvan In case the SIP is failed what can be done next? Still does COIN retry for 5 days? Please answer.

Yep, we’ve stopped the retry option for SIPs. What you can do is place a Lumpsum order before 1:20 and it will be processed on the same day.