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?
No. In case of a rejection of our instructions for direct credit / RTGS / NEFT, we will endeavour to contact you for the further course of action. In case we are unable to do so or get a response from you, a cheque shall be issued to you against the redemption / dividend proceeds. • Can I register for less than 5 bank accounts in my folio? Yes. You may register 2, 3, 4 of 5 bank accounts in your folio under this facility. • 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
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)?
- May a debtor incur new debts and obtain new credit during a Chapter 11 case?
