Process to Add i-SIP URN Number in SBI Net Banking

Process to add i-SIP by SBI Net Banking-

Following steps are needed to be performed in order to add i-SIP-

• Search the SBI Net Banking page.
• Enter your log in credentials i.e. Username and password and click on login.
• Select the “Bill payment” Tab from the Home page of Net Banking.
• Click on the “Manage Biller” from the available options.
• Select the “Add” from the Manage Biller Option
• Here You will get the list of all Mutual Funds Companies(AMCs) operating in India and The list of City/States. Select the Company from the drop down, which you want to add.

Biller addition is required to be completed within the 10 days of URN generation. Non-doing so can deactivate the URN.

• After clicking on “Go” button, you will be required to fill the details of manage biller. Here you will have to give details such as-
  • You will have to add a Nick Name here to remember the SIP
  • Give the details of your Unique Registration Number(URN) of the fund you are having
  • At auto pay, you have two options given- Yes or No. When you will select”Yes”for auto pay, amount of SIP installment will automatically be debited from the bank account of the investor.
  • Auto pay limit is not required to be mentioned. You can leave it as blank.
  • Select the account details of yours, from where you will deduct the money.
  • Now Click on “Submit”.
• Further, you will receive an OTP on your registered mobile number.
• Enter the High-Security Password Received and click on “Confirm”.
• After the completion of the above process, a confirmation screen will appear. You can take a print out or save the confirmation screen for future references.

Now your i-SIP is all ready for future activities.