AMFI Registered Mutual Fund Distributor | SEBI registered Investment Adviser


FSM Buzz
Share | Email Print more
One Time Mandate
May 16, 2014

Author : iFAST Content Team

NRI Minor
Invest in India For Your Child's Future

Introduction to One Time Mandate

What is One Time Mandate (OTM)?

One Time Mandate (OTM) is a one-time registration process that enables an investor to transact seamlessly on the platform.

Using the OTM facility, the investor instructs his bank to allow a debit of a certain amount with a fixed daily upper limit in his/her account whenever he/she wishes to transact on With this instruction set in his bank account, the investor can proceed to carry out SIP and Lumpsum transactions in his account thereby eliminating the dependency on any particular mode of payment.

In simple words, once you register for OTM, you don’t need to make any online payments while transacting on our platform as your bank will directly deduct the requisite amount from your account.

To know more about One Time Mandate (OTM):

Speak to us: (022) 4219 9497


Connect with us on:

  • FB-FSM
  • twitter-FSM
  • FSM-India-youtube
  • Refer a Friend

    google play

    Open Free Account

    registration button

    Download App

    google play

    Comments (0) | Comment on this Article
     (Click on Comments/Comment on this Article to show or hide comments/post a comment)
    Recommended Funds
    Recommended Portfolios
    Chart Centre
    Risk Profiler