Hi Sir,
As per your suggestion, I purchased 2 mutual funds through FundsIndia portal. Now they are asking for MANDATE INSTRUCTION FORM for NACH/ECS/DIRECT DEBIT signed by me. In this form, they filled the amount of Rs 25000 and wrote that I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my account as per latest schedule of charges of the bank. What is this sir? Is it safe? I don\’t know. Please guide Best Regards Vaibhav Jain