Can I opt for receiving direct credit for one or more of my bank accounts and NEFT / RTGS transfer into the other bank account(s)?
Yes. We recommend that you opt for electronic receipt of redemption / dividend for all the bank accounts registered with HDFC Mutual Fund for receiving redemption / dividend proceeds. • Do I need to use separate a application form for each folio that I have with HDFC Mutual Fund for registering for multiple bank accounts? No. You may use 1 application form for upto 6 folios held by you if the joint holders and the mode of holding are the same. For additional folios, new application forms have to be submitted. In case you have numerous folios with HDFC Mutual Fund, we recommend that you consolidate all your investments into one folio. • Can I provide the bank account details of my SB as well as NRE accounts in the same folio? No. For a folio, all the bank accounts for receiving redemption / dividend proceeds should be of type SB or NRO in case the investments are made vide SB or NRO accounts. If investments are made vide NRE accounts, all the bank accounts registered for redemption shou
Related Questions
- In case any credit into my bank account vide direct credit / RTGS / NEFT is rejected by my banker, will the redemption / dividend proceeds be credited into the other account registered for my folio?
- Can I opt for receiving direct credit for one or more of my bank accounts and NEFT / RTGS transfer into the other bank account(s)?
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