How To Register Mutual Funds SIP Auto-Payment In Axis Bank?

Finance Guru Speaks:  This article will help to register for Mutual Fund SIP payments to be deducted directly through your Axis Bank account. Once you place the online request for SIP investment, Mutual fund houses share details like URN (Unique Registration No.), Transaction ID, etc. with you which needs to be added to your registered Bank website so that the SIP amount gets auto-deducted from the Bank account.

We will be using Pay Bills facility present in the Axis Bank Internet banking for our SIP deductions.

Steps to follow to start Mutual Fund SIP Payments through Axis Bank Internet Banking:-

1. Open Axis Bank Internet Banking Website. Provide details like Login ID and Password to login to your Internet Banking account.

Axis Bank Internet Banking Login Page

2. Once the Home Page gets opened, go to PAYMENTS -> Pay Bills link as shown below:-

Axis Bank - Add Biller for Mutual Fund SIP

3. On the Next Page, click on Add New Biller button:-

Axis Bank - Add Biller for Mutual Fund SIP

4. Select your Mutual Fund from the list in which you want the SIP deductions to be initiated and click on Next button, as shown below:-

How To Online Invest In Mutual Fund SIP Using HDFC Net Banking?

Finance Guru Speaks: This article will provide you information on how you can invest in Mutual Fund through SIP using your HDFC Bank Net Banking facility. We will be using Bill Pay facility present in the Internet banking for the SIP deductions.

We have taken SIP amount of Rs 3000 in Birla Sunlife Top 100 Mutual Fund and would be registering for SIP deduction. You can choose any Mutual Fund house for SIP and follow the below Steps if the fund house allows HDFC bank for SIP registration.

Please note that we have already registered SIP for Birla Sunlife Mutual Fund through Fund house website and generated Unique Registration Number (URN). We will write a separate article on how to online register SIP for Birla Sunlife Mutual Fund through its website.

Steps to follow to start Mutual Fund SIP deductions using HDFC Internet Banking:-

1. Open HDFC Bank NetBanking Website. Provide your login details like Username and Password. 

HDFC Bank NetBanking Login

2. Once the Home Page gets opened, go to BillPay & Recharge link and click on Continue button as shown below :-

HDFC Bank - Add Mutual Fund SIP

3. Go to My Billers -> Add & Pay Bills , as shown below:-

HDFC Bank - Add Mutual Fund SIP

4. Select Mutual Funds option and Company name as Birla Sun Mutual Fund (or any other Fund house name of your wish). Click on Continue :-

HDFC Bank - Add Mutual Fund SIP

5. Provide details like URN, SIP amount etc. Select your HDFC Account No. and click on Continue button as shown below :-

HDFC Bank - Add Mutual Fund SIP

6. Check all the details carefully and click on Confirm button :-

HDFC Bank - Add Mutual Fund SIP

Congratulations! You have successfully registered your Mutual Fund SIP amount to get auto-deducted from HDFC Bank account.

HDFC Bank - Add Mutual Fund SIP

Happy Investing!!

Images Courtesy: HDFC Bank Website  

Also Read:

How To Register Mutual Funds SIP Auto-Payment In Axis Bank?

6 Easy Steps To Register Mutual Funds SIP In Kotak Mahindra Bank 

6 Easy Steps To Register Mutual Funds SIP In Kotak Mahindra Bank

Finance Guru Speaks: Nowadays almost all the Mutual Fund Houses are giving Online options to invest directly in mutual funds through SIP from their Websites. Once you place the request for SIP investment, fund houses share URN (Unique Registration No.) with you which needs to be added in your registered Bank website so that SIP amount gets auto-deducting from the Bank account.

This article will provide you information on how you can register for Mutual Fund SIP in your Kotak Mahindra Bank account through Internet Banking facility. We will be using Bill Pay facility present in the Internet banking for our SIP deductions.

As an example, we have taken SIP amount of Rs 3000 in ICICI Prudential Mutual Fund and would be registering for SIP deduction. You can choose any Mutual Fund house for SIP and follow the below Steps if the fund house allows Kotak bank for SIP registration.

Steps to follow to start Mutual Fund SIP Auto-Payment using Kotak Mahindra Internet Banking:-

1. Open Kotak Mahindra Bank Online Banking Website. Provide your login details like CRN (Customer Relationship Number) and Password. 

Kotak Mahindra Bank Login Page

2. Generate the Dynamic Access Code. It will be send to your registered Email ID and Mobile Number. Provide the Dynamic Access Code and click on SECURE LOGIN.  

Generate Dynamic Access Code

3. Once the Home Page gets opened, go to BillPay/Recharge -> My Billers -> Add Biller / Instant Pay link as shown below :-

Kotak Mahindra Bank - Add Biller

4. Select Mutual Funds option and Company name as ICICI Prudential Mutual Fund (or any other Fund house name of your wish). Click on Continue :-