Notice No20250425-1Notice Date25 Apr 2025
CategorySettlement/RMSSegmentMutual Fund
SubjectDiscontinuation of Axis Bank Cheque Collection Facility
Content

 

This is with reference to our notice no. 20180511-23 with regards to "Cheque Collection facility through Axis Bank”

Members are hereby requested to note that Cheque collection facility for Mutual Funds transactions received on BSE StAR MF platform through Axis Bank will be shortly discontinued

Members whose clients want to initiate the payments through Cheque can use the HDFC Bank cheque Collection facility enabled on BSE StAR MF platform.

Alternatively, Clients can use alternate mode of payments enabled on BSE StAR MF platform to make payments against the purchase orders.

Members are requested to take note of the same and apprise their clients accordingly.

For any query on the BSE StAR MF platform, you can reach us through our service centre on 022-45720450 & 022-45720650 on business days between 8.00 a.m. to 7.00 p.m. You can also raise your queries on our CRS portal:- https://bsecrs.bseindia.com

Please find below link to the earlier notice issued for HDFC Cheque collection facility

Notice Link: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20250417-1

 

For Indian Clearing Corporation Ltd.

Mehul Parikh                                                                                                      Jayesh Ashtekar

ADGM – Mutual Funds                                                                                    DGM – Mutual Funds