Motilal Oswal AMC launches WhatsApp transaction platform

Motilal Oswal Asset Management Company (AMC) become the first Indian fund house to launch WhatsApp transaction platform for mutual fund transactions for new as well as existing investors.

This is a standalone feature wherein the customers can use their WhatsApp window to complete the mutual fund purchase. The investor through his/her registered number can initiate a transaction in Motilal Oswal MF funds just by typing a salutation. Further interaction makes it very easy for the customer to buy a fund of his/her choice from MOAMC’s bouquet of funds.

The fund house further plans to introduce more features that will help customers access their account statements along with addressing their service requirements needs. The feature is not a part of WhatsApp Pay and is different from using it as a payment channel.

Here are the steps by which one can invest via WhatsApp:-

1. Add Motilal Oswal AMC number (+91 9372205812) in his/her contact list
2. Get on to WhatsApp, and then type ‘Hi’ on the above number
3. From there on the journey is built in such a way that the customer continues with subsequent instructions on the mode of investment, fund, amount, etc after sharing the PAN details
4. Post this, the customer is sent a payment link where the customer goes to his bank account & authorizes payment for the transaction.

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