OTM
Definition | : | One Time Mandate |
Category | : | Business » Banking |
Country/Region | : | India ![]() |
Popularity | : |
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What does OTM mean?
One Time Mandate (OTM) is a one-time registration process where the investor authorizes his banker to debit money up to a certain limit to a mutual fund. OTM is like an e-wallet for the purpose of investing.
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