Quote Originally Posted by Rahul View Post
How to exit or stop an SIP?
Exit/Stop of SIP - You can cancel your SIP anytime you want. You have to intimate your bank to stop the ECS/PDC's and a letter should be given to the AMC for stopping the SIP. Please note, that the intimation to bank and the AMC should be done prior to 21 bank working days. Another thing is, if you stop the SIP before six months, there will be a deduction from the AMC's side along with STT. The deduction rate varies from AMC to AMC.