FMPP can be created directly from the funds available in your Investor account balance.
Here is how it works:
- Add Funds of Rs. 50k
- Go to the FMPP creation page and select the amount that you wish to invest out of Rs. 50k
- Select preferred tenure from the range of 1 to 5 years
- Give your final confirmation
- And that's it, your FMPP will be created instantly.
Note- FMPP once created, cannot be altered. Please double-check before giving your final confirmation