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 Signator y SIGN HERE SIP Pause Form Instructions and Terms & Conditions ACKNOWLEDGMENT SLIP (To be filled by the investor) Third Applicant Authorised Signator y

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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

    Page 1