What are the benefits of NACH / OTM over ECS to investors?

What are the benefits of NACH / OTM over ECS to investors?

  • Reduction in registration time to around 15 working days as against the current registration time of 30 days in ECS.
  • This system provides a positive confirmation from investors' bank about registration acceptance or non-acceptance, unlike ECS.
  • Investors can opt for a one time registration and avail this facility any time for their future investments
  • Investors can make use of this payment mode for their Lump-sum Mutual Fund investments apart from SIPs
  • Offers investors, the flexibility to make subsequent investments across all schemes without payment instruments (Cheques/DDs)

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