*📢 Big Change from 4th Oct!*
*RBI introduces Same-Day Cheque Clearing 🏦✅*
*💡 Impact for Mutual Fund Investors & Distributors
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- Cheques deposited within bank cut-off (10am–4pm) may clear same day
- Increases chances of getting same-day NAV on MF purchases 💹
- Not 100% guaranteed – depends on cheque deposit time, AMC cut-off & fund house processing
- For time-critical transactions, digital/online payment still safer ⚡
> _👉 Overall, this move reduces delays, improves liquidity, And benefits to all.
*Quick Rotation of Funds*
