In which bank account will I receive the Mutual fund redemption amount?

In which bank account will I receive the Mutual fund redemption amount?

While placing a redemption order you have to fill the necessary units for redemption and then there is a drop down to select a bank account in which you will receive the redemption amount. If not selected then funds will be transferred to the default bank. In case funds are reversed back to BSE then they can transfer funds to any other bank account registered in UCC.
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    • In which bank I will receive the Mutual fund redemption amount?

      While placing redemption order you have to fill the necessary units for redemption and then there is drop down to select bank account in which you will receive the redemption amount. If not selected then funds will transferred to default bank. In ...
    • In which bank I will receive the Mutual fund redemption amount?

      While placing redemption order you have to fill the necessary units for redemption and then there is drop down to select bank account in which you will receive the redemption amount. If not selected then funds will transferred to default bank. In ...
    • In which bank account will I receive the Mutual fund redemption amount?

      While placing a redemption order you have to fill the necessary units for redemption and then there is a drop down to select a bank account in which you will receive the redemption amount. If not selected then funds will be transferred to the default ...
    • How will I get the redemption amount?

      The redemption amount will be credited to the bank account of the customer as per settlement cycle. For Liquid Funds - T+1 working days. For Non Liquid Funds- T + 2 working days. For International Fund - T+5 working days.
    • How will I get the redemption amount?

      The redemption amount will be credited to the bank account of the customer as per settlement cycle. For Liquid Funds - T+1 working days. For Non Liquid Funds- T + 2 working days. For International Fund - T+5 working days.