Which payment options are available for buying mutual funds on Kuvera?

1Answer

Depending on your bank you would have the following options to pay for your Mutual Fund purchase orders on Kuvera.


1. Lumpsum orders - 

  • Internet Banking
  • UPI
  • NEFT/RTGS
  • Approved OneClick Mandate

 
2. SIP orders -

  • Approved OneClick Mandate 
  • Approved BillPay Mandate (New BillPay mandate registration has been discontinued)

Do Note: If your mandate is not approved, you will still be able to set-up SIP. In such a case you can pay for the first SIP order using one of the payment methods available for lumpsum orders and get the mandate approved before the next SIP date.

 

 

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