Advance Documents (for realtime / online transactions)

Effective Jan 1, 2017 Advance Documentation (minimum 6 Cheques and Mandates) is mandatory. Acknowledgment will be provided and the documents kept in your file in our office. Prior to a transaction an call / email will be sent to you, only after client confirms will the transaction be effected. Clients who are unable to provide advanced documentation:

  • will be un-protected if the market crashes due to sudden announcements, war, disaster etc
  • will not be included when we get special deals 10-15% cheaper than usual market prices
  • will need to pay 47$ (173AED) toward each batch of transactions
Mandate (1).docx
Microsoft Word Document 244.3 KB

NPCI Mandate - Frequently Asked Questions (FAQ)

NPCI Mandate - Video explanation (3min)

NPCI Circular 131, 58





Flag Counter

Mandate explained

One Time Mandate OTM explained
What is an OTM One Time Mandate

1. UMRN Utility Reference Number provided by the Clearing house (4)

2. Bank where the Clearing house (4) has their account

3. Utility code issued by RBI to the Clearing house (4). Only RBI can allot Utility codes. Only highly secure and trusted organisations are issued utility codes.

4. Clearing house / Mutual Fund / Broker / Depository - all subject to RBI approval and scrutiny

5. 6. 7. 8. Details pertaining to clients (your) bank account from which money is to be drawn. All the money drawn can be routed only into your Mutual fund / Stocks via the clearing house. The system ensures that it cannot be routed elsewhere. Similarly when you sell a fund / stock the money is re-routed back vis the same clearing house into your / the same account.

9. Option to Create / Modify / Cancel the mandate. To cancel, see (14).

10. 11. 12. 13. As and when a Mutual fund / Stock is purchased a bill for the purchase is raised and presented to your/the bank via the clearing house. The is amount is then drawn from your/the account, as and when such bills are presented, subject to a maximum of 100cr, upto 1 Jan 2100. In effect, all future transactions upto 100cr and the year 2100 are paperless. This is exactly the same way a PIS / PINS account operate and the same paperless feature is being brought to Mutual funds. Question: Can someone take out 1, 2 or 100 crore from my account? No, that is immpossible. Money can only go to fund your own Mutual Funds, nothing else.

14. To cancel the mandate anytime, just send us an email instruction.

Deca c/o Arunanjali Securities

Address: Deca Office 3-3-245/2 next to Bejai church complex, Bejai, Mangalore, 575004 India


Mon-Fri 9am-4pm

Location Maps