Recently i have redeemed some mutual fund units from Coin account & money is not automatically getting credit to savings account. Canara Robeco is giving cheque, Why is it so? Due to this, i have stopped doing investment through Coin as i don’t want money redeem through cheque.
For the redemption order that you had placed through COIN, the amount has been credited to your account and you can verify the same in your ledger. So, I am not sure about the cheque that you have received. Any redemption order placed through COIN will always be credited to your trading account.