Processes iconChange of Bank Details

1.

Request letter signed by all the unit holder(s) according to the mode of operation.

2.

Proof of New Bank Mandate – Self-attested copy of any one of the following documents (originals should be produced for verification) or wherever the original cannot be brought for verification, the copy should be attested by the Bank:

  • Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque OR
  • Self-attested copy of (not older than 3 months) bank statement containing the first unit holder name and bank account number OR
  • Bank passbook with current entries (not older than 3 months) containing the first unit holder name and bank account number OR
  • Original bank letter on the letter head containing the first unit holder name and bank account number duly signed by branch manager/authorized personnel with name, employee code and bank seal.
3.

Proof of New Existing Bank Mandate – Self-attested copy of any one of the following documents (originals should be produced for verification) or wherever the original cannot be brought for verification, copy should be attested by the bank:

  • Cancelled original cheque with first unit holder name and bank account number printed on the face of the cheque OR
  • Original bank account statement/Pass book containing the first unit holder name and bank account number OR
  • Original bank letter on the letter head containing the first unit holder name and bank account number duly signed by branch manager/authorized personnel with name, employee code and bank seal OR
  • In case such bank account is already closed, an original letter on the letterhead of such bank duly signed by the Branch Manager with name, employee code and bank seal, confirming the closure of said account.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.