Unit holders need to submit documents as listed below If he/she wish to change address details in LICMF records
A. Where KYC requirements have not been fulfilled, the following documents will be required:
1) Request letter duly signed as per mode of holding.
2) Proof of new Address (POA)*:
Self-attested copy of any one of the following documents admissible as Proof of Address: (*Documents having an expiry date should be valid on the date of submission.)
1) Passport/ Voter's Identity Card/ Ration Card/ Registered Lease or Sale Agreement of Residence/ Driving License/ Flat Maintenance bill/ Insurance Copy.
2) Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill - Not more than 3 months old.
3) Bank Account Statement/Passbook -- Not more than 3 months old.
4) Self-declaration by High Court and Supreme Court judges, giving the new address in respect of their own accounts.
5) Proof of address issued by any of the following: Bank Managers of Scheduled Commercial Banks/Scheduled Co-operative Bank/Multinational Foreign Banks/Gazette Officer/Notary public/Elected representatives to the Legislative Assembly/Parliament/Documents issued by any Government or Statutory Authority.
6) The proof of address in the name of the spouse may be accepted.
3) Proof of Identity
Self-attested copy of any one of the documents admissible as Proof of Identity (POI) as follows:
1) Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter ID card/ Driving license.
2) PAN card with photograph.
B. In case of KYC compliant folios, the investor is requested to submit the supporting documents as specified by KYC Registration Agency (KRA) / Regulators from time to time.
Copies of all documents submitted by the applicants/clients will be self-attested and accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies will be properly attested / verified by entities authorized for attesting/verification of the documents.
Service Delivery Time: 7 working days from the receipt of the request.
Unit holders need to submit documents as listed below If he/she wish to change bank account details in LICMF records.
Documents to be submitted for new bank account. ( In case the unit holder gets photocopies Of the documents attested by the bank; originals need not be submitted.
1) Request form signed by all the unit holder(s) according to the mode of holding.
2) Original Cancelled cheque of the new bank account with first unit holder's name and bank account number printed on the face of the cheque. Or copy of latest bank account statement /Bank passbook with current entries not older than three months. Or Bank Letter duly signed by branch manager/authorized personnel with name of signing Authority and employee no. and date
3) Original cancelled cheque with first unit holder's name and bank account number printed on the face of the cheque for existing bank mandate currently registered in the folio. Or Original bank account statement / passbook for existing bank mandate currently registered in the folio.In case existing bank account is already closed, a duly signed and stamped original letter from bank on the letter head of the bank confirming the closure of the said account.
Form for Change in Bank account details
Service Delivery Time : 7 working days from the receipt of the request.
Request letter with folio number and New ARN code to be updated, if any, duly signed by all the unit holders according to the mode of operation.
Service Delivery Time: 3 working days from the receipt of the request.
The guardian in a minor’s folio can be changed with the consent of the existing guardian or it may be necessitated by the death of the existing guardian or to comply with a court order appointing a guardian for the minor's investments.
List of Documents to be submitted for Change in Guardian:
Change in Guardian in case death of the existing Guardian
Request form from the new guardian.
Death certificate in original or photocopy duly notarized or attested by gazette officer or a bank manager.
Please submit below mentioned documents in common for change in Guardian.
Change in Guardian with Mutual Consent
Request form from the new guardian with consent from existing Guardian
Please submit below mentioned documents in common for change in Guardian.
Change in Guardian with Court Order
No Objection Letter (NOC) or consent letter from the existing guardian
Court Order for the new guardian, in case the existing guardian is alive.
The new guardian must be a natural guardian (i.e. father or mother) or a court appointed legal guardian. The relationship/status of the guardian as father, mother or legal guardian shall be specified in the application form and the following documents shall be submitted along with the application form as evidence:
Birth certificate of the minor, or
School leaving certificate / Mark sheet issued by Higher Secondary Board of respective states, ICSE, CBSE etc., or Passport of the minor, or
Any other suitable proof evidencing the date of birth of the minor.
In case of court appointed legal guardian, supporting documentary evidence shall be provided.
Bank attestation (preferably in our standard format) attesting the signature of the new guardian in a bank account of the minor where the new guardian is registered as the guardian.
KYC of the new guardian.
FATCA & CRS details of the New Guardian.
Link for Change of Guardian Form
Service Delivery Time: 7 working days from the receipt of the request.
In case of Individual Investor (including NRI),
1. Written request from Unit holder
2. Notarized copy of the Gazette notification regarding change of name
3.Change in name due to marriage: In case of change of name of a unit holder due to marriage, a notarized copy of her marriage certificate.
4.Change in Name due to Divorce: In case of change in name of a unit holder due to divorce, a notarized Court order of the Divorce.
5. Original Personalized Cancelled Cheque leaf (Name Printed) of the New Bank (Or) Duly attested Bank Pass- book / Latest Bank Attested Statement (Bank manager has to certify this document with his / her full Signature, Name, Designation and Bank seal). Letter from the Bank on the Letter Head with complete Bank details including IFSC and MICR Code.
6. Pan and KYC with new name
In case of the investor being a Company,
1.Written request from the authorized signatory
2. A duly certified copy of the fresh certificate of incorporation issued by the Registrar of Companies.
3. Copy of Authorized Signatory
4. Banker’s confirmation for change of name
5. PAN and KYC in new name.
In case of the investor being a Firm, which is registered
1. Written request from the authorized signatory
2. Notarized copy of the entry in the Register of Firms relating to change of name.
3. Banker’s confirmation for change of name
4. PAN and KYC in new name.
In case of the investor being a firm, which is not registered,
1. Written request from the authorized signatory
2. A notarized copy of the amended partnership deed relating to change of name.
3. Banker’s confirmation for change of name
4. PAN and KYC in new name
In case of Trust
1. Written request from the authorized signatory
2. Certified copy of the Resolution passed by the Board of Trustee for name change & ASL
3. Certified copy of the Consent of name change signed by all the Trustees
4. Trust Deed
5. Pan and KYC with new name
In case of change of name from Pvt Ltd to Public Limited
1. Writer request from new entity
2. Incorporate certificate or High court order
3. New entity Pan or KYC
4. BR & ASL of new entity
5. New bank proof if bank details change
In case of change of name due to Merger / Demerger / Amalgamation / Acquisition Etc.
1. Request letter from the new entity for transfer of units in their name;
2. In the event the existing company, which currently hold the units with us, is still existing (in other words, if the existing investor company is not dissolved upon such Scheme of Merger De-merger), request letter from the existing entity for transfer of units in the name of the new entity pursuant to the merger / de-merger.
3. The Order of the respective High Court(s) for approval of merger along with the Scheme of Merger / De-merger, duly notarized
4. The Form 21 filed with ROC, for submitting High Court Order, along with copy of Payment Challan (filed by both companies);
5. PAN & KYC of new entity;
6. Certificate of Incorporation, MOA & AOA of new entity;
7. Updation of Bank Account details, as per process of Change of Bank
8.Documentation required for updation of signatories, as per process of Change in ASL.
In case of certification by bank manager, the document should be certified by the bank manager with his / her full signature, name, employee code, bank seal, contact number and Date ( Signature attestation has validity of three months from validation)
Service Delivery Time: 7 working days from the receipt of the request.
1. Service Request form duly filled and containing details like name of major, folio numbers, etc.
2. Copy of PAN Card of applicant (Self Attested )
3. The signature attestation of the Major can be done by the Guardian / Notary/ JMFC
or by the Banker- Annexure-I – Bankers Attestation of Signature of the applicant in the Request form. ( In case of certification by bank
manager, the document should be certified by the bank manager with his / her full signature, name, employee code, bank seal,
contact number and date. (Signature attestation has validity of three months from date of validation)
4. Nomination Form.
5. New bank mandate where account changed from minor to major.
6. KYC acknowledgement of the major.
7. FATCA & CRS details.
Minor to Major-status change form
Service Delivery Time: 7 working days from the receipt of the request.
The status of an investor, whether resident or non-resident, is an important detail that is recorded at the time of investment with LICMF. There is an Operational difference in the way the investment account of a resident investor and a non-resident investor is managed on factors such as taxation, funds and paperwork.
A change in the status from a resident investor to non-resident investor and vice versa has to be registered with us, so that the required modifications can be made in our records. Following Documents are to be changed for such changes.
Request letter signed by all the unit holders according to the mode of holding.
Documents to be submitted for new bank account
Unit holders can provide originals of any one of the 4 documents listed below; alternatively, originals should be brought for verification and photocopies can be submitted. If the unit holder gets photocopies of the documents attested by the bank, originals need not be submitted.
Cancelled original cheque of the new bank account with first unit holder's name and bank account number printed on the face of the cheque. OR
Self-attested copy of bank statement. OR
Bank passbook with current entries not older than 3 months. OR
Bank Letter duly signed by branch manager/authorized personnel.
Documents to be submitted for existing bank mandate
Currently registered in the folio/account (Unit holders can provide originals of any one of the 4 documents listed below; alternatively, originals should be brought for verification and photocopies can be submitted. If the unit holder gets photocopies of the documents attested by the bank, originals need not be submitted.)
Cancelled original cheque with first unit holder's name and bank account number printed on the face of the cheque. OR
Original bank account statement / passbook. OR
In case such bank account is already closed, a duly signed and stamped original letter from such bank on the letter head of the bank confirming the closure of the said account.
FATCA & CRS details
In case there is change of Bank account type and all other details remain same ( bank acno, Bank name, IFSC, MICR codes then the below document is Enough
Banker letter confirming the account details of the existing bank of the unit holder, reflecting the change in his status from resident to non-resident vice versa.
Service Delivery Time: 7 working days from the receipt of the request.
Incase investor wish to change his signature in our records, He/ She may submit below documents:
Request Letter from the unit holder with the new signature.
Signature verification form duly attested by bank branch manager and Bank Account Details.
In case of certification by bank manager, the document should be certified by the bank manager with his / her full signature, name, employee code, bank seal ,contact number and date ( Signature attestation form has validity of three months from attestation date.)
Self- attested copy of Permanent Account Number (PAN) card.
Signature Verification Form
Service Delivery Time: 7 working days from the receipt of the request.
Pledge request form signed by all the unit holders according to the mode of operation. (Pledger)
Pledge request letter by the Pledge.
List of authorized signatories of the Pledgee
Lien Marking Form
Service Delivery Time: 10 working days from the receipt of the request.
[Pledgee is a person/ institution who lends money and accepts a pledge for the loan]
