Pause installments of an existing SWP
You can pause a SWP indefinetly or for a specific period of time using FP APIs.
1. Create a skip instruction
With the help of skip instructions you can pause your installments. For example if you have active SWP with redemption plan id mfrp_b999a6bc37f5444fa5ad03e7cf581e20
, This is how you can pause this SWP by creating a skip instruction
POST /v2/mf_redemption_plans/mfrp_b999a6bc37f5444fa5ad03e7cf581e20/skip_instructions
{
"from":"2022-09-01",
"to":"2022-11-01"
}
Response
# Displaying only a part of the object for brevity
{
"object":"plan_skip_instruction",
"id":"psi_4bdbe7eed18842b8a704d79929cc6b44",
"plan":"mfrp_5bf60b9b6aac4c63a64f9ca4df9f48a4",
"state":"active",
"from":"2022-09-01",
"to":"2022-11-01",
"remaining_installments":2,
"skipped_installments":0,
}
Upon calling this API, a skip instruction is created. All the installments having their installment dates between from
and to
date range will be marked as cancelled
. If you want to pause indefinitely, you can only provide from
date while creating a skip instruction against the plan.
Note: Pause SWP feature is not supported for BSE SWPs.
2. List all MF Redemptions by skip instruction id
You can list all mf redemptions with skip instruction id using FP APIs. Use GET /v2/mf_redemptions?skip_instruction=psi_4bdbe7eed18842b8a704d79929cc6b44
API to list all installments skipped due to a particular skip instruction.
3. Cancel skip instruction
If you want to resume an SWP and cancel the skip instruction,you can use
POST /v2/mf_redemption_plans/skip_instructions/psi_4bdbe7eed18842b8a704d79929cc6b44/cancel