Payment Modes and Their Efficiency

Subscription Transactions - Liquid and Overnight Schemes and Other Schemes:

Sr. No.	Payment Mode	Bank Name	Fund Cut off Time – Liquid and Overnight Schemes	Fund Cut off Time – Other Schemes	Day of Unit Allotment (from Date of Credit in ICCL’s Bank Account) – Liquid	Day of Unit Allotment (from Date of Credit in ICCL’s Bank Account) – Non Liquid
1	UPI	All Banks	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1
2	NEFT/RTGS/IMPS	All Banks	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1
3	Net Banking	Axis Bank HDFC Bank ICICI Bank Kotak Mahindra Bank State Bank of India	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1
		All Other Banks	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1
4	NACH/ENACH/UPI Mandate	All Banks	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1
5	Cheque Mode	All Banks	1:00 PM	2:30 PM	Date of Credit	Date of Credit + 1

Important Note: 1. Date of Credit refers to receipt of valid credit MIS with correct UTR matched with bank credits in ICCL bank accounts before the applicable cut-off time. 2. Units/NAV allotment will be subject to above condition in point 1 for receipt of information and funds. 3. Currently 1:00 PM for liquid and overnight schemes and 2:30 PM other schemes..

Disclaimer:

1. The transfer of funds to the collection account of the scheme through various modes, including time involved, is purely dependant on the banking industry procedures from time to time on which ICCL has no control.

2. Unit Allotment and NAV applicability will be strictly subject to receipt of fund confirmation and credit into AMC’s bank account within cut off time of the scheme from time to time.

3. ICCL shall not be liable for any delays/ failure in Unit Allotment and NAV applicability in case of delays/ failures in receipt of fund confirmation and credits to ICCL’s Bank Account within the cut-off timelines.

4. List of banks under Net Banking, which offer instant credit of funds to ICCL, are subject to change without prior notice.