FP-Cybrilla POA Gateway(Beta) Capabilities
Note: Beta programs might come with certain limitations. To learn more about beta programs please read this article
1. Supported investor type
| Investor type | Holding pattern | Status |
|---|---|---|
| Resident Individual | Single | Supported |
| NRIs | Any | Yet to be supported |
| Others | Any | Not supported |
2. KYC
| Capability | Status |
|---|---|
| KYC Status check(CVL) | Supported |
| New KYC | Supported(For Resident Indian Individuals only) |
| Modify KYC | Yet to be supported |
Note: CVL KYC Status check is charged separately.
3. Transaction support
3.1 Lumpsum purchase support
| Capability | Status |
|---|---|
| Single lumpsum purchase orders | Supported |
| Batch lumpsum purchase orders | Yet to be supported |
3.2 SIP support
| Category | Capabilities |
|---|---|
| Frequencies supported | Business Day Daily SIP, Monthly SIP supported. Other frequencies not supported |
| SIP Creation | Single SIP creation supported. Batch SIP creation yet to be supported |
| Payment collection on day of SIP registration | Supported |
| SIP Cancellation | Supported |
| SIP Amount modification | Yet to be supported |
Note: To understand more about current Daily SIP schedule, click here.
3.3 Redemption support
| Capability | Status |
|---|---|
| Normal redemption | Supported |
| Instant Redemption | Supported for ABSL AMC only |
3.4 Other transaction type support
| Category | Capability |
|---|---|
| Switch | Yet to be supported |
| SWP | Yet to be supported |
| STP | Yet to be supported |
Note about supporting Goal like use cases: Single payment collection against multiple lumpsum purchase orders OR Single payment collection against multiple first installments of different SIPs are yet to be supported.
4. Partner type support
- Mutual fund distributors with ARN license are supported
- RIA support is yet to be available in beta
- Other partners are yet to be supported
5. Payment Collection Support
| Method | Status |
|---|---|
| UPI | Supported(for lumpsume purchases) |
| Netbanking | Supported(for lumpsume purchases) |
| UPI Autopay | Supported(For SIPs) |
| E-NACH | Supported(For SIPs) |
Note: Settlement Cycle: T+1 at present
6. List of banks supported for Netbanking
6.1 Major banks
Note: SBI is yet to be supported for Netbanking
| Bank |
|---|
| HDFC Bank |
| ICICI Bank |
| Axis Bank |
| Kotak Bank |
| Bank of Baroda- Retail |
| Canara Bank |
| Bank of India |
| Punjab National Bank |
| Union Bank of India |
| IDBI Bank |
| IDFC Bank |
6.2 Other banks
| Bank |
|---|
| Deutsche Bank |
| Indusind Bank |
| Indian Overseas Bank |
| Yes Bank |
| HSBC |
| Cosmos Bank |
| Standard Chartered Bank |
| Karur Vysya Bank Limited |
| Punjab and Sind Bank |
| South Indian Bank |
| Saraswat Bank |
| UCO Bank |
| Bandhan Bank |
| Ratnakar Bank |
| AU Small Finance Bank |
| Shivalik Small Finance Bank Ltd. |
| Jana Small Finance Bank |
| Utkarsh Bank |
| Surat Bank |
| Gujarat State Cooperative Bank |
| Sutex Bank |
| Capital Bank |
| SBM Bank |
| Kerala Gramin Bank |
| Ujjivan Bank |
| City Union Bank |