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Get Request For Ceasure Of Sipswpstp
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How to fill out the Request For Ceasure Of SIPSWPSTP online
This guide will help you navigate the process of filling out the Request For Ceasure Of SIPSWPSTP online. Whether you are stopping a systematic investment plan, systematic withdrawal plan, or systematic transfer plan, the following steps will ensure you submit your request correctly.
Follow the steps to complete the process effectively.
- Click the ‘Get Form’ button to obtain the form and access it in your preferred editor.
- Begin by identifying the mutual fund to which you are submitting the request. Write the name of the mutual fund in the designated space labeled 'To'.
- In the 'Sub:' field, include a reference number if applicable, to help in processing your request.
- For the 'Ceasure of SIP/SWP/STP' section, select the applicable option by ticking the appropriate box.
- Fill in your folio number in the specified field labeled 'Folio No:'. This number is critical for identifying your account.
- If your request involves a systematic transfer plan (STP), specify the source scheme in the 'Scheme' field. For any applicable target scheme, provide that information in the 'Target Scheme' field.
- In the main body of the letter, clearly state your request to cease the selected plan and include the amount involved, marked in the field labeled 'Rs.'.
- Indicate the bank account number from which the auto debit will be stopped in the designated field, followed by the amount to be debited.
- Specify the month and year from which you wish to stop the SIP/SWP/STP in the provided space.
- Sign the form in the 'Signature(s):' section and fill in the date in the provided format.
- After completing all sections of the form, review your details for accuracy. You can then save changes, download the document, print it, or share it as needed.
Take action now by filling out your Request For Ceasure Of SIPSWPSTP online!
STP vs SIP While both STP and SIP involve regular investments in equity mutual funds, in SIP the money comes from your bank account while in the case of STP, it gets transferred from your debt fund. Also, STPs offer higher returns than SIPs, since you are also getting returns from your debt fund.
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