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AUTO DEBIT FORM For SIP Investments (To be Filled in BLOCK LETTERS only) DISTRIBUTOR INFORMATION (Only empanelled Distributors / Brokers will be permitted to distribute Units) Distributor / Broker
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01
Start by getting an auto debit form from your bank or financial institution.
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Read the instructions on the form carefully.
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Provide all the required personal and bank account information.
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If necessary, attach any supporting documents requested.
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Review the completed form for accuracy.
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Sign the form and date it.
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Submit the form to your bank or financial institution, either in person or through mail or online.

Who needs auto debit form -for?

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Anyone who wishes to automate recurring payments such as loan installments, insurance premiums, utility bills, or subscription fees can benefit from the auto debit form.
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Auto debit form is used to authorize a financial institution to automatically withdraw funds from a person's account to pay bills or make payments.
Anyone who wants to set up automatic payments for bills or expenses can file an auto debit form.
To fill out an auto debit form, one needs to provide their bank account information, the amount to be debited, the payment frequency, and the authorization signature.
The purpose of an auto debit form is to make payments more convenient by automating the process of withdrawing funds from a person's account.
The information that must be reported on an auto debit form includes the account holder's name, bank account number, payment amount, payment frequency, and authorization signature.
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