kotak ActivMoney
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1) If I turn ActivMoney into a kotak 811 account and set up the mandate for IPO, will it break FD?
2) Kotak allowing new 811 accounts to open online?
Thank you.
2) Kotak allowing new 811 accounts to open online?
Thank you.
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https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10333119
Can't we open an 811 account offline also?
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https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335559
Is idfc has features of apply ipo through fd/sweep-in/flexi deposit?
https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335768
Kotak is opening 811 super..did it last week..they visited home verified and 4hrs acc opened..name sake invested 5k..then can withdraw..no min bal..
https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335770
They will not break the FD till midnight i.e. 00:00.
So, transfer the fund as soon as they debit the money for the IPO allocation if you want to save the FD.
(Same is also applicable for the UPI transactions/any other debit transaction as well.)
https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335781
U mean active money feature ? also saying trf funds if ipo alloted ?
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https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335773
Does any bank offer facility to apply ipo without breaking fd and also no premature closure of fd charges ?
https://www.desidime.com/discussions/kotak-activmoney?page=1#post_10335963
AU,
ICICI (Not tested personally)
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1. It will break only after allotment debit.
2. 811 account opening is still banned.