SIP Pause Form - LIC Mutual Fund MF SIP P… · Ÿ Investors can request for pause request for SIP...
Transcript of SIP Pause Form - LIC Mutual Fund MF SIP P… · Ÿ Investors can request for pause request for SIP...
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I/We, have a SIP registered for `
for SIP Cycle Date with Monthly frequency.
in Folio No.
Ÿ Under this facility, Investor can have an option to discontinue his SIP temporarily for specific number of instalments. i.e. Minimum 1 instalment and Maximum 6 instalment. SIP would restart upon completion of the period specified by Investor.
Ÿ Investor can request for pause only after 6 SIP instalments are processed. Investor can opt for pause facility only from 7th instalment onwards.
Ÿ Investor can opt for pause facility only twice during the tenure of particular SIP.
Ÿ Under this facility, SIP can be discontinued for minimum 1 instalment and up to a maximum of 6 instalments.
Ÿ If the SIP pause period is coinciding with the Step-Up facility,
the SIP instalment amount post completion of pause period
would be inclusive of SIP Step-up amount. For e.g. SIP
instalment amount prior to Pause period is 5000 and Step-`
up amount is 1000. If he pause period is completed after `
date of Step-up, then the SIP instalment amount post
completion of pause period shall be 6000.`
Ÿ SIP Pause is not eligible for LIC MF Unit Linked Insurance
Scheme and SIP registered through Standing Instructions
at the bank's end.
Ÿ Pause facility shall be available only for SIP registered
under monthly frequency.
Ÿ The minimum gap between the pause request and next SIP
instalment date should be at least 10 days (excluding the
request date and the next SIP instalment date).
Ÿ Pause facility shall get activated from immediate next
eligible instalment from the date of receipt of SIP Pause
request.
Ÿ Investors can request for pause request for SIP amount
`500 and above in LIC MF Tax Plan and for SIP amount
`1000 and above under other schemes.
Ÿ Request for SIP Pause shall be processed only through pre-
printed SIP Pause form.
Received from Mr./Mrs./Ms.
Scheme
Date:_____________To
LIC Mutual Fund
Dear Sir,
Scheme
SIP Debit Bank Name: Bank Account No.
_________________________________ Plan___________________________Option __________________________________
I/We wish to Pause the above SIP for____________________installments.
DD / MM / Y Y Y Y
Electronic Debit (ECS)
NACH
an application for
SIP Pause for ` in Folio No.
for SIP Cycle Date with monthly frequency for ________________ no of installments.
Signature, Date & Stamp
Of receiving office
(Mandatory) (Mandatory) (Mandatory)
(Mandatory)
LIC Mutual Fund Asset Management Ltd.
(Mandatory) (Mandatory)
(Mandatory)
First / Sole Applicant / Guardian Authorised Signatory
Second Applicant
Authorised Signatory SIGN
HERE
SIP Pause Form
Instructions and Terms & Conditions
ACKNOWLEDGMENT SLIP (To be filled by the investor)
Third Applicant
Authorised Signatory
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