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How do I change the Bank details in the Folio?

To change the Bank account details, following documents needs to be submitted at any ISC

  1. Request letter signed by all the unit holder(s) according to the mode of holding.
  2. Proof of New Bank Mandate – Self attested copy of any one of the following documents (originals should be produced for verification) or wherever the original cannot be brought for verification copy should be attested by the Bank:
  3. ·       Cancelled original cheque of the new bank mandate with first unit holder name and bank account number printed on the face of the cheque.

                           OR

    ·       Self-attested copy of not older than 3 months bank statement containing the first unit holder name and bank account number

                          OR

    ·       Bank passbook with current entries not older than 3 months containing the first unit holder name and bank account number.

                            OR

    ·       Original Bank Letter on the letterhead containing the first unit holder name and bank account Number duly signed by branch manager/authorized personnel with name, employee code and bank seal.

  4. Proof of New Existing Bank Mandate - Self attested copy of any one of the following documents (originals should be produced for verification) or wherever the original cannot be brought for verification copy should be attested by the Bank:   

    ·       Cancelled original cheque with first unit holder name and bank account number printed on the face of the cheque.

                            OR

    ·       Original bank account statement / Pass book containing the first unit holder name and bank account number.

                           OR

    ·       Original Bank Letter on the letterhead containing the first unit holder name and bank account Number duly signed by branch manager/authorized personnel with name, employee code and bank seal.

                           OR

    ·       In case such bank account is already closed, an original letter on the letterhead of such bank duly signed by the Branch Manager with name, employee code and bank seal, confirming the closure of said account.

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