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Are You an Investor in Madhya Pradesh? Wondering How to Cancel Your Expression of Interest (EOI) and Get a Refund?

Are you an investor in Madhya Pradesh looking to cancel your Expression of Interest (EOI) and wondering how to go about it? The process might seem daunting at first, but fear not, as we've got you covered with a step-by-step guide to help you navigate through the EOI cancellation module.

Introduction: Madhya Pradesh Industrial Development Corporation (MPIDC) has introduced a new module for the cancellation of Pre-Booking/Expression of Interest requests. This module aims to simplify the cancellation process for investors who wish to withdraw their applications and receive refunds promptly.

Understanding the EOI Cancellation Module: The EOI cancellation module allows investors to digitally cancel their applications and request refunds. The process involves several steps, including logging in, submitting a cancellation request, approval/rejection by the relevant authorities, and the generation of a refund voucher.

Step-by-Step Guide to Cancelling Your EOI:

Login to Your Account: Investors can log in using their credentials to access the cancellation module.

Submit Cancellation Request: Once logged in, navigate to the Expression of Interest list and select the application you wish to cancel. Click on the "Request for Cancellation" button.

Confirm Cancellation: Review the details of your cancellation request and confirm by clicking on the "Yes" button.

Provide Refund Details: Enter the reason for cancellation and proceed to provide refund details.

Digitally Sign the Cancellation Document: A cancellation PDF will be generated for your review and signature. Ensure all information is correct before signing.

Approval/Rejection Process: The cancellation request will be forwarded to the regional office for approval or rejection. Authorities will review the request and make necessary changes to the refund amount if required.

Download Approved Document: Once approved, you can download the digitally signed cancellation document and refund voucher.

Refund Processing: The refund amount will be credited to your account within three to four working days.

Conclusion: Navigating the EOI cancellation process in Madhya Pradesh is now easier than ever with the introduction of the new module by MPIDC. By following the simple steps outlined above, investors can cancel their EOIs hassle-free and receive refunds in a timely manner. So, if you find yourself in a situation where you need to cancel your EOI, don't fret! Just follow these steps and you'll be on your way to a smooth cancellation process.

For more detailed information and access to the cancellation module, refer to the official SOP document provided by MPIDC here.

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