Showing posts with label Cheque. Show all posts
Showing posts with label Cheque. Show all posts

Check out cheque rules

:: Cheque ::
Information about precautions to be taken while writing out cheques when investing in mutual funds and the changes in rules pertaining to these instruments need to be well understood to ensure a smooth investment process.

Payout bank details

While investing in mutual funds, bank details for receiving payout (dividend and redemption) must be provided in the application form. The cheque submitted along with the application may be from the same account mentioned in the application form for receiving payouts.

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