In which bank I will 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. In case fund reversed back to BSE then they shall transfer funds to any other bank account registered in UCC if same gets rejected then finaly BSE shall return back the redemption payout to the respective AMCs responsible for processing the redemptions. Client need to submit correct bank details with RTA/AMC.
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In which bank I will 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. In case fund reversed back to BSE then they shall transfer ...
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 ...
In which bank account will client receive the Mutual fund redemption amount?
While placing a redemption order client have to fill the necessary units for redemption and then there is a drop down to select a bank account in which client will receive the redemption amount. If not selected then funds will be transferred to the ...
DDPI for Mutual Fund
DDPI now covers Mutual Fund Redemption , buy back etc DDPI now covers all transactions including (Sell, Pledge, MF redemption and Buy Back), there is no requirement to submit Physical Additional POA.
DDPI for Mutual Fund
DDPI now covers Mutual Fund Redemption , buy back etc DDPI now covers all transactions including (Sell, Pledge, MF redemption and Buy Back), there is no requirement to submit Physical Additional POA.