News From Press MF Utilities to discontinue cheques as a payment mode

MF Utilities to discontinue cheques as a payment mode

Source: Mint Mar 22, 2022

MF Utilities (MFU), a mutual fund transaction aggregation portal, announced that it will discontinue physical instruments (cheques, Demand Draft, Transfer Letters, Banker’s Cheque, Pay Order) as a payment mode with effect from 31st March 2022 post scheme/market cut off time.

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