How can we buy mutual fund from Debit card?
I am planning to invest in mutual fund through a debit card, last year government allowed through debit card. Has anyone tried this or know any steps?
Link for reference - https://economictimes.indiatimes.com/mf/mf-news...
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
10 Comments
|
6 Dimers
- Sort By
https://www.desidime.com/comments/permalink/10401014
Why debit card? if the platform you invest supports debit card then you can using Federal and ICICI banks. Why waste time with it simply use UPI. Not sure the cut off time for debit card it might be 1:30 PM debit card comes with expiry if you do SIP you are in trouble.
https://www.desidime.com/comments/permalink/10402328
debit card gives flexibility of transactions and also it can help me achieve minimum transaction for lounge access, almost all lounge access are gone now with minimum spend criteria
View 4
more replies
https://www.desidime.com/comments/permalink/10403981
Earlier you could just invest directly in the fund house website using debit cards. But that was discontinued due to regulations change(before my time investing in mfs). So don't know if this is the case.
Last I checked, freecharge allowed you to invest with debit cards BUT only for specific regular funds which is not worth it. Check it out.
But remember to only use the debit card that belongs to the account you have linked with the AMC.
Last I checked, freecharge allowed you to invest with debit cards BUT only for specific regular funds which is not worth it. Check it out.
But remember to only use the debit card that belongs to the account you have linked with the AMC.
https://www.desidime.com/comments/permalink/10404495
Payzapp allows mutual fund investments via debit
https://www.desidime.com/comments/permalink/10408537
You could maybe fill fuel with debit card and that would qualify as quarterly spends for lounge access @ OP?
Click here to reply
Reply
![Sample @99 - AroVibe Car Perfume, Chanak Doctor Set and other items [user specific]](https://cdn0.desidime.com/topics/photos/1897827/medium/Screenshot2024-12-26at8.04.33PM.png?1735223697)
![Fresh Henko Matic Front/Top Load 60 ml Pouch [location specific]](https://cdn3.desidime.com/topics/photos/1897773/medium/Screenshot2024-12-26at6.42.39PM.png?1735218773)
i am not aware of this:) good to be aware just now after 1 year
hehehehe
hmmm as that old post says its for Federal and ICICI debit card holders:)
so ask customer care of Federal and ICICI regarding update of this