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Investing in mutual funds is now simpler than ever with the online i-SIP (Systematic Investment Plan) facility. This entirely paperless process allows you to easily set up SIPs through a secure and automated gateway. To utilize i-SIP, you'll need a net banking-enabled account that is KYC compliant, along with the Unique Registration Number (URN) from the mutual fund you wish to invest in. It's also important that your bank is authorized to offer the i-SIP facility. If you bank with State Bank of India (SBI), you can conveniently activate your SIPs through SBI Netbanking.
You can follow these easy steps to avail an i-SIP facility. Steps to activate your SIP through SBI Netbanking:
Step 1: Go to SBI netbanking page.
Step 2: Login with your credentials into your account.
Step 3: Click on the Bill Payments tab and select Pay Bills option.
Step 4: Scroll down and click on Proceed button.
Step 5: You will be redirected to SBI Unipay portal. Click on Manager Billers option.
Step 6: Click on the Add New Biller option to register new bill.
Step 7: You will come to the manage biller details screen. Select the mutual fund company that you wish to add from the drop-down list.
Step 8: Enter the following :
Step 9: Enter the OTP received on your mobile phone.
Step 10: Click confirm to complete mutual fund SIP registration. That’s it your automatic mandate has been activated. Now you need not remember about paying SIP each month.
Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.
Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.
CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.
Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.
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