How do I change the Bank in case of ECS facility?

SIP registration has to be done through clients registered bank only in case of “ECS” mode. No third party payment will be accepted.

Even if client has multiple bank accounts mapped with MOSL, registration can happen through any one of the banks. So in case client decides to change the bank for the ongoing SIP, it is not possible. In such scenario, client will have to close the existing SIP and register for new SIP with new bank (which should be updated in back office)

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