The offline cheque can be processed in all Karvy centres:

  • Go to the dashboard of the client's profile and add the required funds in the cart of the client.

  • This mode of payment can be initiated via partner only.

  • Click on Initiate Payment -> Pay via Cheque

  • Select the bank, enter the Cheque Number, select the cheque date, and enter the OTP which is sent to the client's registered Email ID/SMS.

  • Click on Yes to proceed further below screen will pop up

  • The cheque should be in favour of INDIAN CLEARING CORPORATION LIMITED

  • Enter the amount as shown above in the cheque

  • At the back of the cheque write the Member Code, Client Code and Order Numbers. 
    Sample image:-

  • The order needs to be placed before 3 pm and the cheque needs to be submitted at the nearest KARVY centre before 5.30 pm (the same day)

  • The order will be removed automatically from the cart once the funds are realised.

  • The TAT for the fund realisation and NAV allocation is T+5

  • If the amount is not received from the bank's end within T+6 then the order will be rejected.