Link Bank Account
Which bank account is used for Investment?
You can make the investment into your bank account through net banking.
How do I use different bank accounts for investing?
You can make the SIP Investment through automated Autopay mandate with your verified bank account. In case, if you have only one mandate, then they will become the default mode of SIP investment. To add another mandate, one needs to register a fresh mandate, if approved, you can set as a default.
My money got deducted, but somehow my investment does not reflect in my portfolio. What’s the issue?
When you add portfolio into your investment it takes up to 2 to 3 business days to receive unit allocations and payment confirmation from the AMC’s after the successful day of payment.
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Which bank is used for redemption when I sell the investment?
Whenever the user pays a redemption request, then the money will be credited into your bank account. Once the redemption request is made to you then the properly linked bank account is displayed at you or shared at your email address.
I placed a redemption request, but Money is not deposited into my bank account.
In case, the user needs to check whether the bank account is linked and set it as a default option. It all depends upon the mutual funds, the timeline for the redemption or withdrawal of amount to bank accounts as follows:
- Debt Funds – 1 to 2 business days.
- Equity Funds – 2 to 3 business days.
- Balanced Funds- 2 to 3 business days.
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Call: +91-8956158600 or Drop an email: [email protected]
What is a default bank account?
A default bank account is an account which will link all your mutual fund folios and the bank account receiving money for all redemption made by you.
My question is not listed here.
Call: +91-8956158600 or Drop an email: [email protected]
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