Have you invested in many schemes of mutual funds? Do you have difficulty in managing them? If the answer to these questions is 'yes,' it is an easy solution. Mutual Fund Utilities (MFU) platforms help investors see their fund-making in one place. They also allow investors to transact these funds from one place. This feature requires a specific common account number eCAN. Investors can use eCAN to collect all their data. Moreover, they can quickly https://www.mfuindia.com/eCANFormFill the MFU website.
The process
After clicking on the link mentioned above, the investor will have to click on the new form. Investors can get a partially filled application form by entering their email ID or mobile number. In this form, the investor has to fill in the details of the bank for providing personal information such as status, name, date of birth, PAN, Aadhaar ID, income details, gate details, such as account number, MICR, IFSC code, noise detail, etc.
How to submit a form?
One can click save the form or 'Submit for eCAN.' Once the form is submitted, the system highlights the mistakes associated with validation, which can be corrected again by submitting the form.
Which document will have to be uploaded?
Investors can then click on the company's electronic mode to use. This will generate a provisional can. Then the self-tested evidence described below can be submitted. - PAN/PAN PEKRN-Bank Statement or Cancelled Cheque or Bank Manager's Letter-Gate/Bank Manager The required documents related to CRS will be approved and activated for further transactions after necessary verification in the MFU office.
What are the conditions?
The investor must have KYC to use the eCan facility. The second condition is that the investor should be associated with an AMC participating in the MFU platform. eCan is allotted as a specific reference number.
What to keep in mind is the 15-minute limit for filling out the form on the portal. That means you need to fill out the form during the same period. If you can't, time out. It is important to keep save the pre-filled detail so that it can be used later. -Investors also have the option to fill up and physically submit the eCAN application form. They can submit it on authorized POS.
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