Transaction execution

What types of transactions are supported on the platform?
NMF II platform supports financial transactions such as: Purchase (NFOs, fresh purchase, additional subscription) Redemptions Systematic...
Mon, 19 Sep, 2016 at 11:29 AM
What is a mandatory pre-requisite for entering a transaction on the platform?
The investor has to be KYC compliant to be able to transact on the platform.  For all new investors with fresh KYC, for whom the KYC status is not v...
Mon, 19 Sep, 2016 at 11:30 AM
Can only demat transactions be executed on the platform?
The platform supports both type of transactions i.e. demat as well as non demat.
Mon, 19 Sep, 2016 at 11:32 AM
Is any physical flow of paper involved to conclude transactions executed on the platform?
For all transactions where the mode of acceptance of transaction is in person and in case of cheque transactions (via NSE NMF interface), the distributor ...
Mon, 19 Sep, 2016 at 11:34 AM
What documents are required to be submitted in case of Systematic Registration transactions?
For systematic registration transactions, ACH debit mandate form along with cancelled cheque (in case of new folio) and transaction slip is required to be...
Mon, 19 Sep, 2016 at 11:35 AM
What are the different modes of making payment available to the investor?
The following options are available Mode NSE IFAnow Internet banking Allowed Allowed Cheque/demand draft Allowed Not allowed RTGS/NEFT ...
Mon, 19 Sep, 2016 at 11:38 AM
In case of online payments what is the process?
In case of online payments through net banking the member / distributor can enter the order on the IFAnow platform on behalf of the investor and forward p...
Mon, 19 Sep, 2016 at 11:40 AM
Does the payment link generated expire?
The online payment link is valid for 24 hours only and on expiry of same, a fresh transaction is required to be entered.
Mon, 19 Sep, 2016 at 11:40 AM
Can Investor make online payment from only his account registered on the platform or any other account also?
The investor can make online payment only through his account registered on the platform at the time of investor creation.
Mon, 19 Sep, 2016 at 11:41 AM
In case of online payment when are the funds credited to AMC account for NAV allotment?
For online payments in case of all banks except HDFC the credit will be received on T+1 basis. In case of HDFC bank the credit will be received on T day. ...
Mon, 19 Sep, 2016 at 11:41 AM