The Easy Pay option allows you to invest using your NACH bank mandate. You can make use of this option once your mandate has been approved by the bank.
If you make a payment using the Easy Pay option before before 2 PM on a business day (T), we will send a debit request to your bank on the same day. The debit will then take place on the next business day, and your investments will be made on the day after that (that is one T+2 business days). This is because for NACH debit cases, FundsIndia gets the status of the debit only one business day after the debit is made.
For payments made after 2 PM on a business day (T), the debit request will be sent on the next business day. Therefore, the investment will be made three business days later (T+3).