SIP online
DigiSIP facility has been introduced by CAMS online. The DigiSIP facility allows investors to start a SIP in seven days. It is a paperless process, of course. With the use of CAMS digiSIP, the lead time of 30 days is reduced to 7 days. Using this tool, you can invest in both direct planning and regular planning.How are the features of CAMS online DigiSIP? How to start DigiSIP? How does DigiSIP work in CAMS online? Will you worry about it? Let’s try to find answers to the questions?
As the name suggests, digiSIP is an entirely digital way of setting up SIPs for mutual funds. Existing and new investors can avail of this facility at www.camsonline.com. It uses a database prefilled form to set up SIP in just a few clicks. This service uses the net banking system or e-mandate. A one-time mandate configuration can be used for any SIP on this platform. The main advantages of this feature are the removal of paperwork, reduction in time required to set up SIP, and minimal data entry.
Key Features of CAMS online digiSIP
Here are the key features of CAMS online digiSIP –
How to start CAMS online digiSIP?
How can a new investor use CAMS online digiSIP facilities?
The procedure described above is for existing customers of mutual funds. If you are a new customer and still not complying with KYC, you can use the DigiSIP facility. Just valid Aadhaar and PAN are needed. You can complete the e-KYC process online without sending physical documents or doing in-person verification.
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