Here how you can invest in Mutual Funds using WhatsApp

With the introduction of initiatives like Aadhaar validation, common KYC, and online payments, investment processes have surely become more convenient.

But how about investing using something as simple and familiar as WhatsApp?

Well, some investment companies are now offering platforms that let you buy or sell mutual funds via WhatsApp in just a few basic steps.

Here's all about it.

Chatbots to help in investing in mutual funds

In some way or the other, we have all had encounters with chatbots aka conversational agents that are basically software applications that can fill in for a real person.

Similar tech has now been deployed by investment firms like Wishfin and Motilal Oswal wherein chatbots help users buy or sell mutual funds using WhatsApp.

Anyone can use WhatsApp investment platform

The investment bot can be used by anyone, whether you are a new investor or an existing one.

To get started, you'll have to visit your service provider's website to register your number and agree to the terms and conditions.

After this, you'll have to verify your KYC details, select your investment plan (lump sum or SIP), and confirm the type of your scheme.

Final step: Get URN and register it with your bank

When you complete your investment details, you will receive a one-time password (OTP) which will be used to get a URN (Unique Reference Number). The URN has to be registered with the bank to activate SIP transactions using WhatsApp.

Here's how to invest in mutual funds via Motiwal Oswal

Save Motilal Oswal AMC's verified number +91 9372205812 to your contact list and then open WhatsApp.

Select Motilal's contact and send Hi to get started.

You will be required to provide personal information, PAN, and details regarding your fund (name, amount, mode of payment, etc.)

Next, you will receive a payment link through which you can make the payment for the transaction.

Here's how to invest in mutual funds via Wishfin

Likewise, if you want to invest in an SIP via Wishfin Mutual Fund, you can either register your number on the company's website or give a missed call on +91 8447782222.

Following this, you'll receive a message from +91 8929702833, which is a verified WhatsApp business number for Wishfin.

Now, follow the instructions provided by the chatbot and proceed accordingly to start investing.



Category Tag

Latest Updates

Made in India GPS (NavIC Will Now Power Every Smartphone In India) Thanks To ISRO
Register and Watch Chandrayaan 2 Launch Live At ISRO Space Theme Park In Sriharikota
Top 10 Smartphones Of 2019 Which Forced Us To Take Notice (H1 - 2019)
Aadhaar-PAN Name Mismatch - This Is How You Can Match Your Names In Both Aadhaar and PAN Card
Which DTH Operator is the Better Option for Consumers Right Now
OPPO K3 With Snapdragon 710 SoC and 16MP Dual Rear Cameras Launched in India
Oppo K3 First Impressions - Beautiful no-notch design pop-up camera and more
New leaked photos show Google Pixel 4 and Pixel 4 XL from every angle
Xiaomi Redmi K20 Pro vs OnePlus 7 Which is better sub-Rs 35000 flagship smartphone
AI-enabled electric Revolt bike to launch on August 7
Netflix to launch cheaper mobile-only plan in India
Govt. Blames TikTok For Anti-National Activities TikTok Can Be Banned In India Again
Oppo A9 With MediaTek Helio P70 - 128GB Storage Launched in India for Rs 15490
Samsung Galaxy A80 With 48MP Rotating Camera and Snapdragon 730 Launched in India for Rs 47990
Vodafone Emerges as Fastest 4G Network in Delhi-NCR as Verified by Ookla
Tata Sky Offering Four Set-Top Box Choices to New Subscribers Which One is Worth the Buck
Five Best Reliance Jio Apps That You Must Try
Realme X vs Redmi K20 Which one should you buy
7 best YouTube Channels to follow for GATE preparation
Xiaomi Redmi K20 Pro vs Vivo V15 Pro vs OnePlus 7 Price in India and features compared
[More Updates...]

Related Files

Sadie Calvano Colleen Camp Neve
Actress, Celebrities
Sadie Calvano Colleen Camp Neve Campbell Jessica Capshaw Charisma Carpenter Sabrina Carpenter Thelma Carpenter Barbara Carrera Tia Carrere Diahann Carroll Dixie Ca
Bollywood Celebrities Kajal Aggarwal Wallpaper
Actress, Bollywood, Celebrities, Kajal Aggarwal
Aggarwal's first 2010 release was A. Karunakaran's romantic comedy Darling, which featured her alongside Prabhas and received favorable response, becoming a commercial success at the box offic
Angie Harmon
Actress, Angie Harmon, Celebrities, Hollywood
Angela Michelle Harmon (born August 10, 1972) is an American actress and model. She was a professional model before gaining international fame for her roles in Bay
Happy Diwali Photos
Diwali, Festivals
Diwali is celebrated in Andhra Pradesh and Telangana on the same day as central, east, west and north India, and the festivities center over two days observed as s
Actress Alyssa Milano
Actress, Alyssa Milano, Celebrities, Hollywood
Milano began her career at age seven, when her babysitter, without notifying her parents, took her to an audition for one of the four principal parts in a national
Bahubali Aadhaar and GST Top Indian Google Searches For 2017-2018
Bollywood, Google, India, Latest News, News, Search
Bahubali, Aadhaar & GST Dominate Top Indian Google Searches For 2017! Bitcoins and Jio were beaten by Aadhaar, GST in the search trends this year. The much awa
Autonomous cars Some questions answered
Buy, Car, News, Sell
Detroit: Autonomous driving is generating talk at this year's Detroit Auto Show after being a star at last week's Consumer Electronics Show in Las Vegas. T
Reliance JioPhone Plan And Apps
Jio, Network, News
Reliance JioPhone: What plans work with this, the list of apps, and everything else to know : Reliance JioPhone might be just a feature phone, but for 2017 it was
5 apps for students to make money while in college
Android Apps, Information, Money, Students, Tips
Are you a college student looking to make some quick money to cover your expenses?
For students, it can be challenging to manage a part-time job to make so
TRAI Rules - Airtel Digital Lists 270 Channel Packs
Airtel, Entertainment, Information, TV
Bharti Airtel has become the fourth DTH operator to unveil a list of supported channel packages that will be offered from its network from February 1. At 270 packs
BST Packs by D2h Offering FTA Channels Based on Language and Genres for Base Pack Price
Cable TV, D2h, Information, TV
The BST pack will allow the subscribers to easily choose FTA channels based on their language and regional preferences. D2h was one of the first DTH providers to c
Jennifer Grover
Actress, Bollywood, Celebrities, Jennifer Grover, TV
Placed at #15 in the Worlds Sexiest Asian Women 2013 by Eastern Eye, Jennifer Winget Grover was a child star in 90s Bollywood movies like Akele Hum Akele Tum befor
Home » Updates » Daily Update