Bank mandate is a secure auto-pay facility that allows us to automate the process of investing without any messy paperwork like filling up a form and depositing a cheque.
This is the only option available for regular, periodic investments and is used by all Mutual Fund Companies. If you are making a one-time investment you can use the Netbanking option. But we don't need a bank mandate form from you to be able to verify your account for Netbanking purposes.