Stuck Somewhere?

My Tickets
Most Asked
My Account
Stocks, F&O, IPO & MTF
Payments & Withdrawals
Mutual Funds
FDs
US Stocks
En
हि
My SIPs
My Investments
AutoPay
Switch to Direct
Import Funds
Others

Why do I need OTP verification for Mutual Fund requests?

According to SEBI regulations, OTP verification is required for all mutual fund requests to ensure the security and authenticity of your transactions. This process adds an extra layer of protection to your investments.

Key Points:
  • Security: OTP verification helps prevent unauthorized access and ensures that the request is made by the rightful account holder.
  •   One-Time Process: You only need to verify with an OTP when setting up or changing an SIP. It won't affect future SIP installments or step-ups.
This verification step is crucial for keeping your transactions safe and secure.
Was the answer helpful?