How to Pause and Resume Your SIP with SmartWealth App
27 March, 2025
Synopsis
The HDFC Bank SmartWealth App enables easy SIP pausing through simple steps.
SIP pausing helps during market volatility and asset reallocation.
Minimum SIP investment starts from ₹100.
The pause feature provides flexibility during life's unexpected challenges.
Users can resume SIP before the pause period ends if desired.
The SmartWealth app's Systematic Calendar tab manages all SIP-related actions.
Imagine running a marathon on a sunny day, feeling the rhythm of your steps and the breeze on your face. Suddenly, you hit a steep hill—it slows you down, and your body needs a break. Taking that pause isn’t a failure; it’s a smart choice to recharge and continue strong. Similarly, unexpected challenges may arise in your wealth creation journey, and taking a pause on your Systematic Investment Plan (SIP) can be the break you need to handle life’s hurdles while staying on track toward your objectives.
In this article, we’ll explore SIP, its benefits, and how the HDFC Bank SmartWealth App allows you to seamlessly pause and resume it.
What is SIP?
SIP, also known as a Systematic Investment Plan, is a disciplined way of investing in investment securities at regular intervals. It can be weekly, monthly, quarterly, semi-annually, or annually.
Benefits
Helps to create wealth over time through compounding.
Build Discipline in Investment habits.
It helps in Rupee Cost Averaging.Can start with as little as ₹100.
Gives us Diversification benefits.
Why Pause SIP?
Starting the SIP is much planned, but pausing it is not. It’s like when you plan to go for a highway ride: You plan the things under your control, not the potholes, but with the help of a break, you recover from these, too. So, why can you pause your SIP?
Financial Emergencies: If you face medical emergencies, job losses or sudden events.
Career Change: Thinking about a career change, starting a venture, or studying.
Market Volatility: Helps you when the market is overvalued.
Asset allocation: Helps diversify your funds to other asset classes, such as debt instruments.
How to pause SIP on the HDFC Bank SmartWealth app?
If you’re looking to Pause SIP but it feels daunting. With the help of the HDFC Bank SmartWealth App, you can do it with a simple click.
Log in to the HDFC Bank SmartWealth App and go to the Dashboard section.
Click the Systematic Calendar tab and select the scheme you want to pause.
Tap the Quick Actions button and select Pause.
Decide if you want to Pause the SIP for 1 or 2 months and hit the “Pause” button.
Question in mind: Can I pause my SIP for a few months? Remember that you have a two-month window to decide whether to pause your SIP. After this time has passed, your SIP will automatically restart. Tap on “Resume” if you want to continue your SIP before the pause period ends. It’s that simple.
Pausing SIP will help you when you have a well-defined reason for it. Nowadays, it’s so simple that you can do it yourself, like taking the brakes of the car yourself so that you can enjoy the highway.
Facing financial hurdles? Take control of your investments with ease with the HDFC Bank SmartWealth App lets you pause and resume your SIP effortlessly, giving you the flexibility to navigate life’s unexpected turns. Download the app now from the PlayStore or AppStore and keep your wealth creation journey on track—your way, at your pace!
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