How to change or update bank details in mutual fund investment??

• Request letter (preferably in our standard format or as near thereto as possible) signed by all the unit holder(s) according to the mode of operation.

• Cancelled original cheque of the new bank account.

In respect of the existing (old) bank account, any one of the following documents:

• Cancelled original cheque of the old bank account (bearing account number and first unit holder name printed on the face of the cheque).

• In case such bank account is already closed, a duly stamped original letter from the banker on the letter head of such bank, confirming the closure of such account.

• Original bank account statement. A true copy of the old Bank Account Statement can also be submitted if the original bank account statement is brought to the Designated Investor Service Centre ("DISC")  for physical verification, in which case the original bank account statement will be returned across the counter after due verification.

• A true copy of the old Bank Pass book. However, the original bank passbook should be brought to the DISC  for physical verification, which shall be returned across the counter, after due verification.

•  Only for genuine cases, after due verification of the Investor: In case the bank account details mentioned in the original application form were erroneously mentioned of a non-existent bank account, then an undertaking in the standard format.