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”
Click on “Invest”
Select “Mutual Funds”
Select the offering
Under Manage Holdings there will be list of funds available
Select the fund, click on 3 dots available next to it & select SWP
Click on “continue with same bank”
Enter the amount
Enter the duration in months & click “next”
Click on continue with withdrawal amount
Click “confirm withdrawal.”
Note: – Mutual fund(s) from where customer wants to place the SWP request should have minimum current value of Rs.12,000. Minimum SWP amount is Rs.12,000. Minimum number of months is 12
If the above criterias are not met then the customers might face issues while placing the monthly withdrawal request

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