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PSRF658406101616 Comp/Sep/Int/4730Mandate Deactivation Request Former Official Use Only Branch: Received at branch on: Received by:Part I personally Details E Insurance Account No.: Name of the Policyholder:
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How to fill out hdfc life mandate deactivation

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How to fill out hdfc life mandate deactivation

01
To fill out HDFC Life mandate deactivation form, follow these steps:
02
Visit the official HDFC Life website or locate the nearest HDFC Life branch.
03
Obtain the mandate deactivation form either online or from the branch.
04
Read the instructions carefully before filling out the form.
05
Fill in your personal details such as name, policy number, contact information, etc.
06
Provide details regarding the mandate you wish to deactivate, including the mandate reference number and bank account details.
07
Sign the form and double-check all the information provided.
08
Submit the form along with any supporting documents, if required.
09
Keep a photocopy of the form and the submitted documents for your reference.
10
Wait for the HDFC Life team to process your request. You may receive confirmation via email or phone.
11
Once your mandate deactivation is processed, make sure to update your payment method if necessary.

Who needs hdfc life mandate deactivation?

01
HDFC Life mandate deactivation may be required by individuals in the following scenarios:
02
Policyholders who no longer wish to have their premiums or payments automatically deducted from their bank account through a mandate.
03
Individuals who have changed their preferred payment method and want to deactivate the existing mandate.
04
Customers who have closed or changed their bank account and need to deactivate the old mandate for future premium payments.
05
Those who have switched to a new insurance provider and want to terminate the mandate with HDFC Life.
06
It is important to note that specific circumstances may vary, and it is advisable to consult with HDFC Life directly for accurate and personalized guidance regarding mandate deactivation.
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HDFC Life mandate deactivation refers to the process of canceling or terminating the automatic payment instructions previously set up by a policyholder for their insurance premiums with HDFC Life.
Policyholders who wish to stop automatic premium payments for their insurance policies with HDFC Life are required to file for mandate deactivation.
To fill out the HDFC Life mandate deactivation, policyholders typically need to provide their policy number, personal details, and specify the request for deactivation on the designated form, which can usually be accessed through the HDFC Life website or customer service.
The purpose of HDFC Life mandate deactivation is to allow policyholders to stop automatic deductions from their bank accounts for premiums, either due to cancellation of the policy or changes in payment preferences.
The information that must be reported includes the policyholder's name, policy number, bank details for the original mandate, and a clear statement requesting the deactivation.
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