Which transactions cannot be funded from a PIS account

Common transactions which cannot be funded from the PIS Bank account. It has to be funded from the Non PIS or the Savings bank account.

  • Investments in IPO 
  • Investments in MF
  • Investments in Bonds
  • Payments for ESOP exercise 
  • Payments for Promoter's share holding 
  • Payments for non-brokerage charges including demat.
  • Other payments not related to your investments


Note: This may not be exhaustive and changes from time to time

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