Writing an effective letter to request the cancellation of a Systematic Investment Plan (SIP) requires clarity and politeness. It's important to clearly state the purpose of the letter and provide all necessary details, such as the scheme details, folio number, and bank account information. Avoid using unclear language and ensure that all information is included to avoid confusion. Maintain a respectful tone throughout the letter.
Request Letter to Cancel SIP - SIP Cancellation Letter
To,
___________ (Mutual Fund AMC Name, Eg. Axis Mutual Fund),
___________ (AMC Address)
Date:__/__/____
Subject: Cancellation of SIP
Dear Sir/Madam,
I ___________ (Name), had opted for SIP as per details mentioned below:
Name:__________
Folio No. ___________
Scheme Name:__________
Plan:_____________
Option:____________
Bank Name:____________
Bank Account Number:_______________
Request you to kindly cancel the SIP Scheme Name____________ with option________ under folio no. _____________ with immediate effect and acknowledge the same.
Thanking You,
Signature: ___________
Name: ___________
Contact: __________
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Sandeep Bhandari