How to update bank mandate on mutual fund folio

Tue, 19 May 2026 00:00:00 +0000

The bank mandate registered on a mutual fund folio controls two flows: redemption proceeds (where redemption cash credits to) and SIP debits (where SIP installments are pulled from). Updating the bank is a folio-level change, not a KRA-level change, and the procedure varies slightly per AMC and platform.

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How to update bank mandate on mutual fund folio