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Asset Management Company :Mutual Fund :SBI Funds Management Pvt. Ltd.(A Joint Venture between State Bank of India & AMANDA)KEY INFORMATION MEMORANDUM SBI Fixed Maturity Plan (FMP) Series 18 (1108
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How to fill out sbi fixed maturity plan

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How to fill out sbi fixed maturity plan

01
To fill out the SBI Fixed Maturity Plan (FMP), follow these steps:
02
Visit the nearest SBI branch and collect the application form for the FMP.
03
Read the instructions carefully and provide all the necessary information as asked in the form.
04
Fill in your personal details such as name, address, contact information, etc.
05
Specify the investment amount you wish to make in the FMP.
06
Choose the desired duration for the plan. FMPs typically have fixed tenures.
07
Select the investment option - growth or dividend, based on your preference and financial goals.
08
Provide the necessary documents along with the application form. These may include identity proof, address proof, PAN card, etc.
09
Review the filled form and ensure all the information is accurate and complete.
10
Submit the form along with the required documents to the SBI branch.
11
Pay the investment amount through cheque or demand draft as per the instructions provided by SBI.
12
Once the form and payment are verified, you will receive a confirmation receipt from SBI.
13
Please note that it is advisable to consult with a financial advisor or SBI representative for any specific guidance or clarifications related to filling out the SBI Fixed Maturity Plan (FMP) form.

Who needs sbi fixed maturity plan?

01
SBI Fixed Maturity Plan (FMP) is suitable for individuals who:
02
Have a low-risk tolerance and prefer fixed income investments.
03
Are looking for short to medium-term investment options.
04
Want to diversify their investment portfolio.
05
Seek capital protection and potential returns.
06
Are willing to lock their investment for a specific period as per the FMP tenure.
07
Desire tax-efficient returns and are comfortable with potential interest rate fluctuation.
08
Aim to earn regular income and have a specific financial goal in mind.
09
It is important to assess your own financial situation and investment objectives before considering the SBI Fixed Maturity Plan (FMP) to determine if it aligns with your needs.
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SBI Fixed Maturity Plan is a mutual fund scheme offered by State Bank of India which has a fixed maturity date.
Investors who have invested in SBI Fixed Maturity Plan are required to file it as part of their tax reporting.
To fill out SBI Fixed Maturity Plan, investors need to provide information about their investment amount, maturity date, and any gains or losses incurred.
The purpose of SBI Fixed Maturity Plan is to provide investors with a fixed return on their investment over a specific period of time.
Information such as investment amount, maturity date, and any gains or losses must be reported on SBI Fixed Maturity Plan.
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