UPI mandate
The sponsor bank's request that the investor authorise blocking of funds equal to the application amount and the subsequent debit on allotment.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series II-A← All terms