Clients are requested to note down the modalities given below for making the payment through NEFT/RTGS, for effectively mapping the funds delivered to ICCL in its ICICI Bank and HDFC bank account against the Orders placed on BSE STAR MF platform:



1.  In case of the Client’s Account being with HDFC Bank :


(A)  It is to be informed that the fund transfers from an HDFC Bank Account will be restricted to the eCMS module provided by the Bank on its Internet Banking facility. The Client shall need to create ICCL as a Beneficiary under the eCMS module (and not under “Transfer within Bank” module), which is a onetime activity.


i.      Individual / Savings Account - Fund Transfer > Transfer to eCMS Account > Third Party Transfer > Add a Beneficiary


ii.      Non-Individual / Current Account - Funds Transfer > Request > Add a Beneficiary > Transfer to eCMS Account



Details of the ICCL Account with HDFC Bank, required for the creation of ICCL as a Beneficiary, are as given below:


 i.      Beneficiary Account No    :           MFDICC

 ii.      Beneficiary Name           :           Indian Clearing Corporation Ltd -MFD A/c

 iii.      IFSC Code                    :           HDFC0000240

 iv.      Account Type                :           Current


(*Clients should not use any other account number than what is stated in 'i' above)




2.  In case of the Client’s Account being with ICICI Bank:


(B)  It is to be informed that the fund transfers from an ICICI Bank Account will be restricted to the Other Bank Payee mode provided by the Bank on its Internet Banking facility. The Client shall need to create ICCL as a Payee under the Other Bank Payee module (and not under “ICICI Bank Payee” module), which is a onetime activity.


i.      Individual / Savings Account - Payments & Transfers > Manage Payees > Add Payee > Other Bank Payee


ii.      Non-Individual / Current Account - Payments > Single Payment > Pay Beneficiary Other Bank



Details of the ICCL Account with ICICI Bank, required for the creation of ICCL as a Payee, are provided below:


i.      Beneficiary Account No          :           3922

ii.      Beneficiary Name                 :           Indian Clearing Corporation Ltd MF A/c

iii.      IFSC Code                           :           ICIC0000104

iv.        Account Type                     :           Current


(*Clients should not use any other account number than what is stated in 'i' above)




NOTE:  In case of the Client’s Account being with a bank other than ICICI and HDFC Bank, they may, as per their convenience, use the aforementioned details of ICCL’s accounts with ICICI Bank and HDFC Bank to transfer funds through NEFT and RTGS only.