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

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1800-102-1265

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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