{"id":882,"date":"2024-04-19T05:20:19","date_gmt":"2024-04-19T05:20:19","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=882"},"modified":"2026-03-02T19:30:00","modified_gmt":"2026-03-02T19:30:00","slug":"how-can-i-stop-my-sbi-mutual-fund-sip-online","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/19\/how-can-i-stop-my-sbi-mutual-fund-sip-online\/","title":{"rendered":"How can I stop my SBI mutual fund SIP online?"},"content":{"rendered":"\n<p>You can stop the SIP in one of the following manner. This depends on how you started the SIP.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Login to your SBI Mutual Fund site, got to Mange Account and initiate a STOP request.<\/li><li>If you started the SIP through with a demat account, place a STOP request from the demat operator\u2019s website.<\/li><\/ul>\n\n\n\n<p>Sometimes the above may not really help and some distributors AMCs make it tougher to stop SIPs. In such a case try the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Go to your Bank\u2019s Net Banking and delete the Biller registration Once no payments are made for 2\u20133 times, the SIP will get cancelled automatically.<\/li><li>Let the SIPs \u2018bounce\u2019 a couple of times by not keeping balance in your account. Never try this with your loan EMI or credit card payment as penalties might be charged.<\/li><li>Check with the bank if there is any other way to cancel the auto debt mandate.<\/li><\/ul>\n\n\n\n<p>Stopping SIP might be a good choice if you wish to switch to direct plan mutual funds. You can place fresh SIPs in direct plans on a platform like&nbsp;<a href=\"http:\/\/maxiomwealth.com\">Maxiom Wealth<\/a>&nbsp;and make upto 40% more by avoiding broker commissions.<\/p>\n\n\n\n<p>If you wish to switch your past investments to direct, then that is really easy. Click\u00a0<a href=\"https:\/\/club.maxiomwealth.com\/login\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>\u00a0to start your switch.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">How Much Will Your SIP Grow to?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/sip\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Try the SIP Calculator \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>You can stop the SIP in one of the following manner. This depends on how you started the SIP. Login to your SBI Mutual Fund site, got to Mange Account and initiate a STOP request. If you started the SIP through with a demat account, place a STOP request from the demat operator\u2019s website. Sometimes&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/19\/how-can-i-stop-my-sbi-mutual-fund-sip-online\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How can I stop my SBI mutual fund SIP online?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,78],"tags":[],"class_list":["post-882","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-sip"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=882"}],"version-history":[{"count":4,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/882\/revisions"}],"predecessor-version":[{"id":3776,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/882\/revisions\/3776"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}