Can funds be transferred to Jainam account using debit or credit card?

Can funds be transferred to Jainam account using debit or credit card?

  • As per regulations, funds can be transferred only through the trading app and other approved payment methods, such as
    1. UPI
    2. Net banking
    3. NEFT, IMPS, or RTGS.     
  • This is applicable to all brokers.     
  • Therefore, funds cannot be transferred to Jainam's account using debit or credit card.
  • Credit cards also cannot be used for any saving and investing products, such as fixed deposits, investments in stock markets etc.