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 | 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 | 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 supported |
| Payment collection on day of SIP registration | Supported |
| SIP Cancellation | Supported |
| SIP Amount modification | 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 lumpsum purchases) |
| Netbanking | Supported(for lumpsum purchases) |
| UPI Autopay | Supported(For SIPs) |
| E-NACH | Supported(For SIPs) |
Note: Settlement Cycle: T+1 at present
Since all payments and mandates are issued in Cybrilla’s name, investors using your app will see “Cybrilla” in their UPI authorizations, mandate details and bank statements. Please ensure they understand that Cybrilla is the official partner facilitating and processing these mutual-fund transactions.
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 |