OTM-One time mandate - a payment tool in MF investing

Hello Readers , I hope you all are doing good , OTM- One Time Mandate , OTM is a kind of payment instrument where An investor fills up the the OTM or NACH - National Account clearing house or SI - Standing Instruction or ECS - Electronic clearing system , This helps Investors to decide how much money he wants to invest or transact in mutual funds scheme and here multiple transactions can be placed in a working day , OTM can be setup in two ways - Electronic and physical , Electronic mandate can be set up by Mail approval that has a limit of Rs. 1,00,00,00/- and Physical scan upload mandate has a transaction limit of Rs. 1,00,00,000/- , OTM is the best way to invest in mutual funds , In today's time In India BSE STARMF is a very good MF transaction platform where OTM got registered on the name of ''ICCL'' Indian Clearing Corporation Limited , which is Subsidiary collection organization of BSE limited , Once Investor's mandate is registered on ICCL , The investor can Invest in 47 + Mutual funds schemes and that saves you from setting up OTM for each Mutual Fund Companies separately means it saves the cost , time both ,  Setting up separate mandate has a cost and redundancy here we help setting up only unique and single OTM for Transactions in different AMCs (Asset Management Companies - Mutual fund management companies) 

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