Payment Modes and their efficiency

Lump Sum Transactions - Non Liquid Schemes

Sr. No. Payment Mode Bank NameCut off TimeDay of Debit to Investor's accountDay of Unit Allotment
1UPI / IMPSAll Banks2.45 PMTT
2Net Banking*HDFC Bank 2.45 PMTT
  ICICI Bank2.45 PMTT
  SBI Bank2.45 PMTT
  Axis Bank2.45 PMTT
  Kotak Bank2.45 PMTT
  Yes Bank2.45 PMTT
  IndusInd Bank2.45 PMTT
  All Other Banks* 3.00 PMT T +1
3RTGS#All Banks2.30 PMTT
4NEFT#All Banks1.00 PMTT
5NACH Mandate#All Banks3.00 PMT + 1T + 2
6Cheque Mode#All Banks3.00 PMT + 2T + 3

Our Payment Service Providers are:

1). BillDesk - Net-Banking, iSIP, Nach Mandate – Physical / e-Nach
*Scroll down for list of banks available for net-baking through BillDesk
#For Offline Investment
https://www.billdesk.com/index.htm

2). HDFC - UPI services

To check Uptime for UPI visit: https://www.npci.org.in/what-we-do/upi/uptime-upi-month-wise
Find out list of bank available for UPI transactions. Visit https://www.npci.org.in/what-we-do/nach/live-members

SIP Transactions

Sr. No. Payment ModeBank NameDay of Debit to Investor's accountDay of Unit Allotment
1 NACH (Physical / E-NACH) *AllTT+1/T+2
2Auto DebitAllTT+ 1

T = SIP Date

Disclaimer: * MF / NPCI will endeavor to ensure credit is posted to MF account on the same day of debit to investor's account. In certain circumstances, due to delay at Bank's / Payment Aggregator's end, the credit to MF account may and the allotment could get delayed to T+1.

Important Note: Unit allotment will be subject to receipt of funds in the mutual fund account before the applicable cut-off time (Currently, 3:00 PM for all Schemes except Liquid & Overnight Fund where the cut off time is 1.30 PM).

Click here to download the list of banks available for online investment

Compare Schemes ( Select only 3 Schemes )