Steps to activate your SIP through Netbanking:
4. Select Add New Biller and choose Mutual Fund as biller category if applicable.
5. Select the mutual fund company that you wish to add(Eg: Axis mutual fund) and Click on Next.
6. You will come to the biller details screen. Enter the following as described in the image below:
7. Preview the details you have entered and click on Next.
8. Enter the OTP received on your mobile.
9. Click confirm to complete mutual fund SIP registration.
10. You will see that the biller has been approved on the confirmation screen.
11. You can view the added billers under My billers section.
Why should you do this?