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What is mode of payment for Mutual fund ?
The modes of payment for mutual funds can vary depending on the platform or service you are using. However, some common modes include:
- Net Banking – Convenient and instant payments through your bank account.
- UPI – Easy payments using UPI ID via apps or platforms.
- NEFT/RTGS/IMPS – You can also make payment for mutual funds through NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service). These modes allow you to transfer funds from your bank account to the mutual fund accoun
Always confirm the available options with your mutual fund platform.
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