How to Add I-SIP URN number in HDFC Netbanking

Investing in mutual funds is now simpler with the i-SIP facility, a paperless and automated option to initiate Systematic Investment Plans (SIPs). To use this facility, you need a Netbanking-enabled account that is KYC compliant. The bank holding your savings account must be authorized to offer i-SIP.

Follow these simple steps to get started with i-SIP and enjoy hassle-free mutual fund investments.

Steps to activate your SIP through HDFC Netbanking:

1. Go to HDFC netbanking page

2. Login with your credentials into your account.

3. Inside HDFC Net Banking Portal Go to BillPay & Recharge and Click on Continue.

4. Click on Add Biller on the left hand side column.

5. Select the Mutual fund and then select the mutual fund company that you wish to add (Eg: Birla Sun Mutual Fund).

6. You will come to the biller details screen. Enter the following as described in the image below:

• Add unique registration number(URN) that fund shared with you.
• Add any nick name to identify the SIP (Eg: Birla SIP)
• Set standing instruction as Yes.
• Set Pay entire bill amount as Yes.
• Set payment mode as bank account
• Select bank account from the drop down list
• Click Continue to save

7. Click confirm again

8. You will see that the biller has been approved on the confirmation screen.

9. You can view the added billers under registered billers section.

Why Should You Do This?

• Hasslefree – You do it once and every month your investments get done automatically.
• Paperless – No need to sign any cheques or courier any documents.
• Secure – It’s completely safe as all your investments go through your net banking account.