What are the reasons for a Stock SIP order getting bounced?

A Stock SIP order may fail to execute (bounce) due to the following reasons:

  1. Scrip/Stock Disallowed by Exchange: The exchange may temporarily or permanently disallow trading in certain securities.
  2. Market Closed: SIP triggered outside the trading window (9:00 AM – 3:30 PM IST).
  3. Price Condition Not Met:  In amount-based SIP, if the current market price of the stock is higher than the SIP amount entered, the order cannot be executed.
  4. Insufficient Funds: The trading account does not have enough balance to cover the SIP order.
  5. RMS or Account Block: The broker’s Risk Management System (RMS) or compliance department has blocked the stock or account for risk or regulatory reasons.