All about One Time Mandate
OTM, or ‘One Time Mandate’ is a one time registration process that will allow you to invest transact seamlessly in a simple, convenient and paperless manner. Using the OTM facility, you can instruct your bank to allow a debit of a certain amount, with a fixed daily upper limit in your account, whenever you wish to transact. Having registered an OTM you can subscribe without having to initiate any payment from your end.