Payment Modes and their efficiency

Lump Sum Transactions - Non Liquid Schemes

Sr. Day of Debit to Day of Unit
Payment Mode Bank Name Cut off Time
No. Investor's account Allotment
1 UPI / IMPS All Banks 2.45 PM T T
2 Net Banking* HDFC Bank 2.45 PM T T
ICICI Bank 2.45 PM T T
SBI Bank 2.45 PM T T
Axis Bank 2.45 PM T T
Kotak Bank 2.45 PM T T
Yes Bank 2.45 PM T T
IndusInd Bank 2.45 PM T T
All Other Banks* 3.00 PM T T +1
3 RTGS# All Banks 2.30 PM T T
4 NEFT# All Banks 1.00 PM T T
5 NACH Mandate# All Banks 3.00 PM T+1 T+2
6 Cheque Mode# All Banks 3.00 PM T+2 T+3
Our payment service providers are:

1. BillDesk - Net-Banking, iSIP, Nach Mandate – Physical / e-Nach

*Scroll down for list of banks available for net-baking through BillDesk
#For Offline Investment

https://www.billdesk.com/index.htm
2. HDFC - UPI services
To check Uptime for UPI visit: https://www.npci.org.in/what-we-do/upi/uptime-upi-month-wise
Find out list of bank available for UPI transactions. Visit https://www.npci.org.in/what-we-do/nach/live-members

SIP Transactions
Day of Debit to Day of Unit
Sr. No. Payment Mode Bank Name
Investor's account Allotment
1 NACH (Physical / E-NACH) * All T T+1/T+2
2 Auto Debit All T T+1
T = SIP date
Disclaimer: * MF / NPCI will endevaour to ensure credit is posted to MF account on the same day of debit to investor's account. In
certain circumstances, due to delay at Bank's / Payment Aggregator's end, the credit to MF account may and the allotment could get
delayed to T+1.

Important Note: Unit allotment will be subject to receipt of funds in the mutual fund account before the applicable cut-off time
(Currently, 3:00 PM for all Schemes except Liquid & Overnight Fund where the cut off time is 1.30 PM).

List of Banks available for Net Banking through BillDesk

Internet SIP (ISIP) E-NACH /
Sr. Lump Sum (Net-
Bank Name Mobile
No Banking) Net Banking E-Mandate
Banking
Banks available for Direct Credit
1 HDFC Bank    
2 ICICI Bank    
3 SBI Bank    
4 Axis Bank    
5 Kotak Bank    
6 Yes Bank    
7 IndusInd Bank    
*All Other Banks
7 Andhra Pragathi Grameena Bank    
8 AU SMALL FINANCE BANK LTD    
9 Bandhan Bank    
10 Bank of Bahrain and Kuwait    
11 Bank of Baroda- Retail    
12 Bank Of India    
Registered Office : Write to us: crmf@canararobeco.com
Construction House, 4th Floor, 5, Walchand Hirachand Marg, Mumbai - 400 001 Call us: 1800-209-2726
13 BANK OF MAHARASHTRA    
14 CANARA BANK    
15 Catholic Syrian Bank    
16 CENTRAL BANK OF INDIA    
17 CITI BANK    
18 CITY UNION BANK LTD    
19 Cosmos Co-operative Bank Ltd.    
20 DBSB BANK INDIA LTD    
21 DCB (Development Credit Bank Ltd)    
22 DEUTSCHE BANK AG    
23 Development Bank of Singapore (DBS)    
24 Dhanlaxmi Bank    
25 EQUITAS SMALL FINANCE BANK LTD    
26 FEDERAL BANK    
27 Fincare Small Finance Bank Ltd    
28 FIRSTRAND BANK    
29 HSBC    
30 IDBI BANK    
31 IDFC FIRST BANK LTD    
32 Indian bank    
33 INDIAN OVERSEAS BANK    
34 JANA SMALL FINANCE BANK LTD    
35 Jammu & Kashmir Bank LTD    
36 Janata Sahakari Bank    
37 JIO PAYMENTS BANK LTD    
38 Kalupur Co-operative Bank    
39 Kalyan Janata Sahakari Bank    
40 KARNATAKA BANK LTD    
41 KARNATAKA VIKAS GRAMEENA BANK    
42 Karur Vysya Bank LTD    
43 Lakshmi Vilas Bank - Retail    
44 Mehsana Urban Co-operative Bank    
45 NKGSB Bank    
46 PAYTM PAYMENTS BANK LTD    
47 Pragathi Krishna Bank (Karnataka Gramin Bank)    
48 Punjab & Maharashtra Co-operative Bank    
49 Punjab and Sind Bank    
50 PUNJAB NATIONAL BANK    
51 RBL BANK (Ratnakar Bank)    
52 Saraswat Bank    
53 Shamrao Vithal Co.Operative Bank Ltd    
54 Shivalik Bank    
55 South Indian Bank Ltd    
56 STANDARD CHARTERED BANK    
57 Tamil Nadu State Apex Co-operative bank LTD    
58 TAMILNAD MERCANTILE BANK LTD    
59 TJSB Sahakari Bank Ltd    
60 UCO Bank    
61 UJJIVAN SMALL FINANCE BANK LTD    
62 Union Bank of India    
63 United Bank of India    
64 Utkarsh Small Finance Bank    

Registered Office : Write to us: crmf@canararobeco.com

Construction House, 4th Floor, 5, Walchand Hirachand Marg, Mumbai - 400 001 Call us: 1800-209-2726