Systematic partial withdrawal to handle the planned and unplanned cash needs of the investor.
Systematic Partial Withdrawal is available under the ECS facility only.
The minimum installment value of
your systematic partial withdrawal should be Rs 2,000.
No charge is levied for
systematic partial withdrawal.
You can opt for
systematic partial withdrawal frequency as monthly, quarterly or annually for the duration you choose.
Systematic Partial withdrawal is also available after the first 5 policy years, except during the last 3 policy years.
You can also opt for
systematic partial withdrawal after completing the first 10 policy years.
There is also an option of
Systematic Partial Withdrawal after the completion of 5 policy years.
Under
the Systematic Partial Withdrawal option, on the completion of five policy years, an amount of the Fund Value, at the time of the start of
the Systematic Partial Withdrawal, is paid to the policyholder from his / her unit account, as structured and regular payouts.
Withdrawals, for contracts that allow them, fall into
systematic partial withdrawal, non-
systematic partial withdrawal, or full withdrawal categories.
Systematic Partial Withdrawals: The units get redeemed periodically and the proceeds are transferred to the policyholder's account
Systematic Partial Withdrawals are also available under which units are redeemed periodically and the proceeds are transferred to the policyholder's bank account
The plan allows partial withdrawals as well as
systematic partial withdrawals to ensure liquidity.
Both systematic partial withdrawals and partial withdrawals are allowed under this plan.
Systematic partial withdrawals facility is available under electronic clearing service (E.C.S.) facility only.
Not exact matches
Use this form to request a complete,
partial, or
systematic withdrawal, from your Putnam 403 (b)(7) Custodial Account.
It's potentially useful if you need it, but any
partial withdrawal (
systematic or non-
systematic) may reduce your annuity's benefits, such as your death benefit, which allows you to pass on the contract to your beneficiaries in the event of your death.
The insurance provider permits policyholders to make
partial withdrawals from the fun, to decrease the assured sum and the option for
systematic switching to manage investments better.