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All you need to do is login to the AMC / broker / portal through which you had purchased the units, select the fund and the number of units that you wish to redeem and confirm your request. Thats it. You redemption request is on the way.
Utilizing a Broker or Distributor Contacting your broker and requesting a withdrawal are options. You must complete and submit a withdrawal request form if you want to withdraw offline. The state would be given to the Asset Management Company by the broker.
To withdraw your ICICI Prudential Life Insurance policy online, you just need to fill in a form and submit it. You will then receive a confirmation email, which you can use as proof of the withdrawal.
ULIPs do not allow withdrawals during the five-year lock-in period. However, you may choose to surrender your policy during this time. Once you surrender or discontinue the plan, you must wait until the end of the lock-in period to receive the amount due.
How do I take a withdrawal from my account? If you are eligible, you may have the option to request a withdrawal online by logging in Opens in new window to your account and navigating to the Withdrawals page for a display of your options. Depending on your plan, you may be required to complete forms.
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