What are the steps to place a Systematic Withdrawal Plan (SWP)?
Here are the steps to place a Systematic Withdrawal Plan (SWP):
- Login to your Scripbox account & click on “Invest More”
- Select the offering for which you would like to activate the plan
- Click on “other actions” & select “monthly income (SWP)”
- Click on “continue”
- Click on “continue with same bank”
- Enter the amount
- Enter the duration in months & click “next”
- Click on continue with withdrawal amount (if you want to change the amount or the fund details, then click on “I want to change funds/amount” and then modify the details)
- Click “confirm withdrawal.”
