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Is the Partial Transfer of Funds allowed under CA-LE?

April 26, 2017allowed ca-le funds partial transfer

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Is the Partial Transfer of Funds allowed under CA-LE?

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Yes, Partial transfer of funds is allowed from 2nd policy year onwards upon the request received from master policyholder through a notice in writing at least one month in advance. Only one Partial transfer of funds per financial year is allowed to the Trust / Master Policyholder subject to minimum of Rs.1.5 lacs and maximum of 50% of funds available in the scheme.