GO TX offers multiple modes by which a client may pay for purchases made:
- Investment Account
- Online Transfer
- Cheque / DD
The cash deposited by the client with the Broker is maintained in an Investment account. This account may be used by the client to make purchases across all products offered by GO TX, including Mutual Funds.
- A client may use his online bank account to directly pay for purchases. This is subject to the bank being one of the banks through which payment is permitted for the scheme by the Broker. GO TX supports RTGS, NEFT and Account-to-Account transfers. The payment modes allowed can be configured for each scheme.
The modes described above are ‘online’ modes of payment available to clients. If a client does not have online access to GO TX, he will submit a paper purchase form along with a cheque or DD for payment. Although this method does not involve GO TX for the purchase, the transaction will be logged in the system once it has been processed by the Registrar.
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