Frequently Asked Questions of R-WAP

About R-WAP

It is an online platform where Resident Eligible Shareholders (shareholders holding partly paid-up equity shares of SAMMAAN CAPITAL LIMITED (formerly known as Indiabulls Housing Finance Limited) as of July 22, 2024 (“Call Record Date”) can make payment towards the Final Reminder-cum-forfeiture using net banking or UPI

Who can pay through R-WAP?

Resident Eligible Shareholders are alone permitted to pay the Final Reminder-cum-forfeiture through R-WAP

How to make the payment?

There are two payment options - Net Banking and UPI

Can I pay more than what is due on the Final Reminder-cum-forfeiture?

No, you may not pay for more than what is due from your towards the Final Reminder-cum-forfeiture

Can I make payment from any bank?

Yes, In case of an UPI.

In case you are using a Net Banking facility for making payment, then the option is available only for below mentioned 28 banks

S.No Bank Name S.No Bank Name
1 AU SMALL FINANCE BANK LIMITED 2 AXIS BANK LTD
3 BANK OF BARODA 4 BANK OF INDIA
5 CANARA BANK 6 CITY UNION BANK LTD
7 DEUTSCHE BANK 8 HDFC BANK LTD
9 ICICI BANK LTD 10 IDBI BANK LTD
11 INDIAN BANK 12 INDIAN OVERSEAS BANK
13 INDUSIND BANK LIMITED 14 KARUR VYSYA BANK LTD
15 KOTAK MAHINDRA BANK LTD 16 PUNJAB NATIONAL BANK
17 SARASWAT BANK LTD 18 SOUTH INDIAN BANK LTD
19 STANDARD CHARTERED BANK 20 STATE BANK OF INDIA
21 TAMILNADU MERCHANTILE BANK 22 THE DHANLAXMI BANK LTD
23 THE HSBC LTD. 24 THE JAMMU AND KASHMIR BANK LIMITED
25 THE SHAMRAO VITHAL COOP BANK LTD 26 TJSB SAHAKARI BANK LTD
27 UNION BANK OF INDIA 28 YES BANK LTD

Can I use the bank details of my family / friends for making payment?

No. The bank details to be used for making payment through this platform must have your name as one of the joint holders along with the family / friends otherwise it will be treated as third party payments and will be rejected

Can I use a credit card / debit card / payment wallet for making payment?

No. Option to use credit card / debit card / payment wallet for making payment is not available on this platform

What is the maximum amount I can pay through this platform?

In case of Net Banking, there is no restriction on amount on R-Wap. However, maximum amount will be as per the limit set by applicants’ respective banks.

My payment has failed, whom do I approach?

Please check if you have provided the correct details. You can write to us at einward.ris@kfintech.com

Payment confirmation is not received however amount debited, whom do I approach?

Please write to us at einward.ris@kfintech.com and we shall provide the status

In case of wrong information being submitted, do I have the option to revoke or rectify?

No. Once the application is submitted, it is final.