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SIP REGISTRATION Come MANDATE Formalization No. For investment through ECS (Debit Clearing)/Direct Debit Facility/Standing Instruction BROKER CODE (ARN)BROKER CODER OFFICIAL USE ONLYEmployee Unique

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How to fill out sip registration cum mandate

01

To fill out sip registration cum mandate, follow these steps:

02

Obtain the SIP registration cum mandate form from your bank or financial institution.

03

Fill in your personal details such as name, address, PAN card number, bank account details, etc.

04

Provide the details of the mutual fund scheme you wish to invest in, including the plan and option.

05

Decide the investment amount (minimum and maximum) and frequency of the SIP (monthly, quarterly, etc.).

06

Choose the payment mode such as ECS, NACH, or cheques.

07

Sign the form after carefully reading and understanding the terms and conditions.

08

Attach the necessary documents, if any, required by the bank or financial institution.

09

Submit the completed form along with any required documents to your bank or financial institution.

10

Once processed, your SIP registration cum mandate will be activated, and the mutual fund investments will be initiated as per your instructions.

Who needs sip registration cum mandate?

01

SIP registration cum mandate is needed by individuals who wish to invest in mutual funds through the systematic investment plan (SIP) mode. It is suitable for anyone who wants to invest a fixed amount regularly in mutual funds to achieve their financial goals. This facility allows investors to automate their investments and benefit from rupee-cost averaging. Investors can choose the frequency and amount of their investments as per their convenience.

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