Get the Application Form for ELSS Toll Free - 1800 425 5600 Fax - moneymantra

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Exchange Plaza, B Wing, First Floor, USE Building, Sandra Karla Complex, Sandra (East, Mumbai400 051. Toll Free 1800 425 5600 Fax: 0226772 0512. Website: www.principalindia.com Email: customer principalindia.com

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How to fill out application form for elss

01

Obtain the application form: The first step is to get a copy of the application form for elss. This form can usually be obtained from the respective financial institution or mutual fund company that offers elss investments. It may also be available for download from their website.

02

Read the instructions: Before filling out the form, carefully read all the instructions provided. This will ensure that you understand the requirements and any specific guidelines for filling out the form correctly.

03

Personal details: Start by providing your personal details such as your full name, address, contact information, and any other required information. Make sure to double-check the accuracy of the information provided.

04

Investment details: Next, enter the investment details. This may include the scheme or plan you want to invest in, the investment amount or number of units to be purchased, and the mode of investment (i.e., lump sum or systematic investment plan).

05

Bank and nomination details: Provide your bank account details, including the name and address of your bank, account number, and other necessary information for processing investments and dividends. Additionally, if you wish to nominate someone, fill in the required details of the nominee.

06

Signature and date: At the bottom of the form, sign and date it to authenticate the information provided. Ensure that you sign the document in the presence of an authorized witness if required.

Who needs the application form for elss?

01

Individuals intending to invest in elss: The application form is needed by individuals who are interested in investing in Equity Linked Saving Schemes (elss). These schemes offer tax benefits under Section 80C of the Income Tax Act and are popular among individuals looking to save tax while investing in equities.

02

Existing investors: Even existing investors who wish to make additional investments or switch to a different elss scheme may need to fill out a new application form. This is typically required to ensure accurate record-keeping and to comply with regulatory guidelines.

03

Individuals opening a new elss account: In some cases, individuals who do not have an existing elss account may need to fill out an application form to open a new account. This is often required by the financial institution or mutual fund company to establish a new investor-client relationship and comply with anti-money laundering regulations.

It is important to consult with a financial advisor or the respective financial institution to ensure that you have the correct form and understand the specific requirements and procedures for filling it out.

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What is application form for elss?

The application form for ELSS is a document used to apply for investing in Equity Linked Savings Scheme.

Who is required to file application form for elss?

Any individual or entity looking to invest in ELSS is required to file the application form.

How to fill out application form for elss?

To fill out the application form for ELSS, one must provide personal details, investment amount, and choose the desired ELSS scheme.

What is the purpose of application form for elss?

The purpose of the application form for ELSS is to facilitate the investment process in Equity Linked Savings Scheme.

What information must be reported on application form for elss?

The application form for ELSS must include personal information, investment details, and signature of the applicant.

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