Glide Invest FAQ: What is Pause SIP, and how do I use it?

What is Pause SIP, and how do I use it?

We understand that unexpected emergencies can arrive in anyone's life, and during these testing times, it's hard to meet all your pre-planned commitments, including your investments in you SIP-based goals. To overcome this problem, rather than completely stopping your SIP, the “Pause SIP” facility enables you to temporarily skip SIP debits for a few months and automatically have them to restart post the selected duration.  We only permit pausing between 1-6 months mainly because anything beyond that time period can have a significant impact of your meeting your goal. 

Once you pause your SIP, you will see a 'Resume SIP' card on your 'Goals' page. You can resume your SIP anytime after pausing, especially if you want to restart it earlier.  We will advice you on the recalculated SIP amount to meet your financial goal prior to you taking your decision.  

In the long run, a disciplined SIP will better enable you achieve your goals through rupee cost averaging and the power of compounding.
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