How to pay using NEFT/RTGS for mutual funds on Kuvera?

1Answer

To pay for mutual fund orders using NEFT/RTGS, first add the below-mentioned beneficiary in your bank account and then follow further steps as specified below. 

 

Beneficiary Name

Indian Clearing Corporation Limited

Beneficiary Account Number

000405103922 (Current Account)

Bank Name

ICICI Bank

IFSC Code

ICIC0000104

Branch Details

CMS Branch, LOWER PAREL, MUMBAI

 

Once the beneficiary is set-up, you can place and pay for your orders in the following manner.

  • Login in to your bank and initiate an NEFT/RTGS transfer to ICCL and obtain the UTR number.

  • Click on Place Orders from the cart [After you have added the Mutual Fund Schemes for which you would like to place orders]. 

  • Select NEFT/RTGS Mode for Payment.

  • Choose the bank from which you have initiated the NEFT transfer

  • Map your transfer by entering the UTR number in the provided field. 

  • Click submit and you are done.

 
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