Redemption Revalidation

Which step investor needs to follow first for redemption revalidation in case of Paytm Payment bank ?( New bank not updated)

• Written letter request

• Change of bank mandate(COBM)

• Written latter request with cancel redemption cheque

On redemption and revalidation written letter request _____and _____ is mandatory from below options

• Name and Signature

• Photo image of investor

• PAN Image of investor

Which documents are required for redemption revalidation ?

• Redemption cancel cheque

• A)Written letter request with signature & Name

  B)Redemption cancel cheque

  C) New bank proof

• A)Written letter request

  B)New bank proof

• A)New bank proof B)PAN Card

Investor has shared written letter request with redemption cancel cheque through email for redemption revalidation but forgot to cancel redemption cheuqe ?

• Still we can proceed for redemption revalidation process

• Redemption cancel cheque is mandatory to proceed with redemption revalidation process

• Only redemption cheque is mandatory

Investor said he/she has not received redemption cheque from AMC , due to this investor has only shared Written letter request with new bank proof.

• We can proceed with redemption revalidation

• First will check the current status of Redemption cheuqe if not delivered to investor we can process without redemption cancel cheque

• Redemption cancel cheuqe is mandatory

Investors bank IFSC code is changed due to this investor has received redemption cheque but investor want redemption through NEFT

• Written letter request and Redemption cancel cheque

• Written letter request and redemption cancel cheque with New bank proof

• Old bank proof

• Redemption cancel cheque

State whether this statement is true or false : Only pri-printed cancel cheque is acceptable as a new bank proof (In case of redemption revalidation)

• False

• True

Investor forgot to write name and signature on written letter request (Redemption revalidation)

• We need to ask investor to share written letter request with Name and signature

• Signature on written letter request is not mandatory

• We can raise request without signature on written letter request

• We need to ask investor to share written letter request with Name mentioned on it

Investor has shared all the required documents for redemption revalidation which step we need to follow first

• We can raise request for Redemption revalidation

• First we need to verify all the details to proceed with redemption revalidation

If investor is secondary holder in the bank act he added in folio due to this he is getting redemption cheque he want payment through NEFT

• Need to change his payout mechanism cheque to NEFT

• Investor need to do COBM to get payment through NEFT

• There is no other option to get payment through NEFT