Financial Education
Question #53
How do I transfer the money for my mutual fund investments?
Investors can transfer money to fulfill their investments by using one of the following methods: 1. Net-banking – Investors can pay via the netbanking facility of their respective bank. Please note that this option is available only for the banks that have partnered with Fincare services. You can click here to view the list of such banks. 2. Bank mandate – For regular investing through Systematic Investment Plans (SIPs), investors can pay through a one-time bank mandate (an Electronic Clearing Service mandate / National Automated Clearing House (NACH) mandate), or through a direct debit. NACH mandates can also be used to make payments for one time investments. 3. NEFT/IMPS – Investors can also pay for their investments through the NEFT/IMPS option.
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