What are the reasons due to which my withdrawal instruction could be rejected?

Your withdrawal instruction could have been rejected due to the following possible reasons.

  1. KYC is not complete. 
  2. FATCA declaration is incomplete.
  3. Insufficient balance/units in the fund or the plan you tried withdrawing.
  4. The fund you tried to withdraw has a lock in. 
  5. Issues related to Minor to Major change: 
     – Minor to Major change required.
     – Minor to Major change documents are pending.
     – Investor tax status code is minor but age has crossed 18years.
     – Guardian Details not updated for the minor (investor).

To know the exact reason for your withdrawal instruction through your Scripbox account, please call us at 1800-102-1265 or write to us at help@scripbox.com. 

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