Comment on Say hello to the new Coin app

Matti commented on 14 Jun 2018, 02:34 PM

Hey Sachin,

1. Coin is a mutual fund investing platform, Kite is a trading terminal. The two were intentionally kept separate so as to not add too much clutter into one platform confusing users.
2. We don’t require bank details as funds from the trading account are deducted for MF investments. Also, as Nithin has said in the posts, we’ll also soon have e-mandates that will allow SIP instalments to be directly debited from the bank account.
3. IPOs can be easily applied for online from your netbanking using the ASBA service. All you need is the DP ID, which is available on Kite and Q. That said, we may consider this in the future.
4. Not sure what you’re talking about here.

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