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Get Tata Mutual Fund Sip Cancellation Online
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How to fill out the Tata Mutual Fund Sip Cancellation Online
This guide provides a comprehensive overview of how to properly fill out the Tata Mutual Fund Sip Cancellation Online form. Following these steps will ensure that your request to discontinue your systematic investment plan is processed smoothly.
Follow the steps to complete your SIP cancellation request online.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Fill in the date at the top of the form. This should be the date on which you are submitting the cancellation request.
- In the address section, clearly write 'Tata Asset Management' followed by the specific branch address.
- In the subject line, write 'Discontinuity of Systematic Investment Plan in Tata Mutual Fund'.
- Provide your folio number in the designated field. This number is essential to identify your account.
- Indicate the amount that you wish to discontinue. This will be the amount that is currently being deducted from your account.
- Select the scheme name from which you want to discontinue your SIP. Ensure that you identify the correct scheme.
- Choose the option associated with your SIP, whether it is regular or direct.
- Specify the date the SIP payments are scheduled to take place each month.
- Enter your bank account number from which the SIP amount is currently being debited.
- Conclude by providing the name(s) of the unitholder(s) in the relevant section.
- Sign the form as per the mode of holding. This means if the account is held jointly, all holders must sign.
- After completing the form, save your changes, and consider downloading or printing it for your records. You may also share the form if necessary.
Take action now and complete your Tata Mutual Fund SIP cancellation online.
While mutual fund companies don't penalize for non-payment of a few SIP installments, your SIP will automatically be cancelled if you fail to make the payments for three consecutive months. ... Also your bank will penalize you for dishonoring the auto debit payments.
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