- To do an instant redemption, click on Instant Redemption tab on the left side of the dashboard once you log in.
- Here, you need to select the scheme which you wish to redeem along with the amount.
- Through instant redemption, one can redeem either 90% of the investment amount or INR 50,000 whichever is lower
- Once you click on Redeem, you can see the summary of redemption screen where again you click on Redeem.
- After clicking on it, you will receive an OTP in your mobile that needs to be entered in the screen.
- Post entering the OTP, the order gets accepted and money is credited to your bank account instantly.
For complete details, read here: https://www.fincash.com/l/guide/instant-redemption-in-mutual-fund-through-fincash