There is no penalty for missed SIP payments. However, we suggest you to do timely SIP payments to achieve your goal amount.
Can I do mutliple investments against one goal?
Can I invest a lesser amount than the suggested amount?
Can I stop SIPs midway before goal is completed?
Is there any penalty if I miss RD payments towards my goal?
Can I withdraw my savings before my goal is completed?
Can I extend my goal end date?
My goal got deleted automatically
How is the suggested amount to invest calculated?
How is OnTrack or OffTrack status decided for my goal?