Bank, Payments & Security

Are there any charges for registering a Bank Mandate?
MobiKwik Money does not charge for registering your bank mandate. However, your bank may impose a one-time fee for registering a new bank mandate. Thi...
Wed, 14 Jul, 2021 at 2:07 PM
Why does your bank mandate document have an amount as high as Rs 1,00,000?
This is the maximum amount you can invest in any one Mutual Fund scheme at any specific time. We keep this high enough so that when you get your bonus or...
Wed, 14 Jul, 2021 at 2:09 PM
What happens to my money after I invest? Is my money safe and secure?
When you make a mutual fund purchase transaction, your money moves directly from your bank account to the Mutual Fund Company's account. And when you ...
Wed, 14 Jul, 2021 at 2:10 PM
Will you have access to my bank account?
No, we do not have access to your bank account. We will only link your bank account so that when you do decide to make an investment, we can use our se...
Wed, 14 Jul, 2021 at 2:14 PM
How can I trust you not to misuse my bank account and other information?
Your bank mandate authorization is very specific and legal and only allows for money to be transferred to the mutual fund companies as per your instruction...
Wed, 14 Jul, 2021 at 2:14 PM
What is an IFSC code?
IFSC (Indian Financial System Code) is an 11-character alpha-numeric format used by the Reserve Bank of India to identify your bank and branch. Each bank ...
Thu, 19 Jan, 2017 at 5:28 PM
What is the official investing date?
When you invest using bank mandate, the earliest date you can invest is shown as 1 working day later. This could even be a couple of days later in case of...
Sun, 25 Feb, 2018 at 3:07 PM
Help! I’m not sure what happened with Netbanking.
Log into your online bank account and check the account history. If no money was debited to your account you don’t have to worry. There was a temporary g...
Wed, 14 Jul, 2021 at 2:17 PM
My money has been debited from my bank account but still it says “In Progress” in my account?
The mutual fund units will be allotted to you within 2 (maximum 3) working days from the day the money is debited from your bank account.
Wed, 14 Jul, 2021 at 2:18 PM
Which banks can I register?
You can use any of the banks  below to register for both NETBANKING as well as FLEXI-SIP/AUTO-PAY. A handful of foreign banks (such as Citibank or HSB...
Wed, 14 Jul, 2021 at 2:19 PM