All about One Time Mandate

Apply Personal Loan Online

Upto 40 Lacs* @ 10.99%* P.A

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

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Name Must Contain Only Alphabets !

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OTM, or ‘One Time Mandate’ is a one time registration process that will allow you to invest transact seamlessly in a simple, convenient and paperless manner. Using the OTM facility, you can instruct your bank to allow a debit of a certain amount, with a fixed daily upper limit in your account, whenever you wish to transact. Having registered an OTM you can subscribe without having to initiate any payment from your end.

Benefits of OTM
  • One time registration process.
  • Invest through any mode (physical/ SMS/ Website) via SIP or lump sum purchase.
  • Invest without a cheque / DD/ Transfer funds online.
  • Register SIP’s in 5 days for OTM registered investors.
FAQ of OTM

1.WHAT ARE THE ADVANTAGES OF OTM?
A. Using the OTM feature, the investor instructs his bank to allow a debit of a certain limit set in his account on a daily basis. With these instruction the investor can proceed, to carry out SIP and lump sums transactions in his account thereby eliminating the dependency on any particular mode of payment.

2.HOW LONG WILL IT TAKE FOR THE APPROVAL OF OTM?
A. You are required to submit the filled OTM form to us along with a self-attested photocopy of a cancelled cheque. On receipt, we will hand it to your bank for approval. The OTM approval process may take up to 20 business days. Once the OTM is approved and registered we will inform you about it through email.

3. CAN I REGISTER OTM THROUGH ANY BANK?
A. You can register it  with any bank that participates in the list of  NACH banks.

4. DO I HAVE TO UTILIZE THE ENTIRE AMOUNT OF THE OTM ?
A. No, utilizing the entire amount of the OTM is not mandatory. You can enjoy total freedom, flexibility and convenience up to the OTM limit that you have set. Let’s say your OTM limit is set at Rs 25,000. You can start investments with just Rs 500 even and continue investing with lump sum investments up to Rs.25,000.

5. ARE THE LIMITS PROVIDED IN OTM MONTHLY OR DAILY?
A. You get daily limits up to the maximum limit specified in the OTM.

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Proceed

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Proceed
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Please Enter Your Company Name

Please Enter Valid Company Name

Please Enter Your City Name

Please Enter Valid City Name

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Please Enter PAN Card No

Please Enter Valid PAN Detail

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Please Enter Your Name !

Please Enter Valid Name !

Name Must Contain Only Alphabets !

Please Enter Your Email Id

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Please Enter Your Mobile No.

Please Enter Valid Mobile No.

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