Distributor Initiated transaction (DIT, hereafter) is a process where RankMF distributors can directly initiate transactions from the partner dashboard, rather than logging into the account of each client every time. Moreover, instead of placing one order at a time for every client, you can now initiate purchase transactions for multiple clients at once with just a few clicks! It’s an easy and super quick process.
Note: Currently, DIT is available only for lump sum transactions. For SIP transactions it’s coming soon.
Here’s a step-by-step guide on how to initiate a transaction on behalf of your clients:
Step 1 – Visit RankMF Website
Visit the RankMF website and click on the Partners Corner button you see at the top left corner. You will be redirected to the login page. Please enter your email address and password to login.
Step 2 – Active Rate Card
Once you’ve logged in, go to the taskbar, click on Brokerage tab and select Active Rate Card from the drop-down menu
Step 3 – Select Scheme
On the Active Rate Card page, search for the scheme on the search bar located at the left side of the screen. Apply the given filters to narrow down your search, if needed. When the scheme appears as the search result, click on the Invest Now button of the scheme.
Step 4 – Select Investors
Now select the investors that you want to initiate the transaction for, enter the investment amount and click on the Initiate Transaction button.
Step 5 – Initiate Transaction
A pop-up will appear for your confirmation. Click on Yes, I’m sure button and you’re done!
Please note, your investor will now receive an email with a link to complete the transaction and to review his order details. When the investors click on the link, they will be directed to the review and payment page.
You are required to follow-up with the client to ensure that the transaction process is completed. To make payment, investors can complete the investment through NEFT/RTGS, Net banking or UPI.
We hope this article was helpful.
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