Automate Your monthly interest withdrawals

To get started, just select the fund, sub-account, and investment, then choose the start date for your monthly redemption. You can activate or cancel the plan anytime via CAL Online—on both web and mobile.

Everything You Need to Know

You can only activate one Redemption Plan per investment.
The plan is available on a monthly basis—daily or weekly options are not supported.
Investments that have already been fully or partially redeemed aren’t eligible.
This feature works independently of normal or instant redemptions, so your other options remain unaffected.
Redemption amounts will be credited to your registered bank account, following standard settlement timelines.

Want to automate your monthly returns?

Set up your Redemption Plan in minutes—just like Jane did—with your preferred investment and payout date.

Your first redemption is a rewarding one!

Receive all the interest earned from the day you invested, directly to your bank account.

Let your money work for you.

Each month, the interest you earn is credited automatically—no action needed.

Need to make a change? Easy.

You can cancel your Redemption Plan anytime—without affecting the rest of your investment or instant redemptions.

Redemption Plan – FAQ

+ What is the Redemption Plan?
It allows investors to schedule monthly interest withdrawals from a selected Unit Trust investment to their bank account.
+ Can I set up multiple plans?
Yes, but only one plan is allowed per individual investment.
+ Can I activate the Redemption Plan on an investment that already has a redemption?
No, investments that already had redemptions are not eligible for this function.
+ What happens during the first redemption?
It includes all interest earned up to that date from the selected investment.
+ What happens in the following months?
Each month, only the interest earned during that specific month will be credited.
+ Can I set different redemption dates for different plans?
Yes, each plan can have its own redemption date.
+ Is there a minimum or maximum investment amount for this plan?
There's no limit, but it's recommended for larger investments.
+ Can I set it up for daily or weekly redemptions?
No, the plan is available only on a monthly basis.
+ What details do I need to set up the plan?
You must select the fund, sub-account, investment, and start date.
+ When will the first redemption happen?
On the selected date, followed by monthly redemptions on the same day each month.
+ What if the selected date falls on a bank holiday?
It will occur on the previous working day.
+ Can I cancel the plan later?
Yes, anytime through CAL Online (web or mobile).
+ Can I activate the plan at any time?
Yes, on any day at any time.
+ Will this affect normal or instant redemptions?
No, this plan does not affect other redemption methods.