ABSL P&P - Day 8

Under SIP Modification process, which of the below mentioned details can be modified?

• SIP Bank/SIP Date/SIP Scheme/SIP Amount

• SIP Bank/SIP Date/SIP Scheme/SIP Frequency

• SIP Bank/SIP Date/SIP Scheme

• None of the above

What is the TAT for SIP Modification?

• 30 days

• 30 working days

• 10 days

• 10 working days

What is the tagging for queries related to SIP Modification (SIP Scheme/Amount change)?

• Query -Process and Procedure- Systematic Transaction Related Bank change

• Query -Process and Procedure- Systematic Transaction Related

• None of the above

Facility to change the SIP amount is not available

• True

• False

Facility to change folio status from Minor to Major is available

• Online & Offline

• Online only

• Offline only

• No such facility available

Which of the following forms to submit for change of folio status from Minor to Major?

• Written request

• Request for change in status from Minor to Major

• Minor to Major form

SIP Pause Facility is only available in ______ frequency

• Monthly

• Quarterly

Pause facility is also allowed in Century SIP

• True

• False

SIP Pause request can be given online for ____ installments and offline for____ instalments

• 20, 12

• 12, unlimited (lesser than the SIP tenure)

• 12, unlimited

• No limit for both

Change of name is possible in the case of _____

• Voluntary, marriage, divorce

• Investor cannot change name once folio is created

• Investor can only change name in KYC