Adding a biller is an essential step to start online SIP on our platform. You can add it after you have successfully made the initial payment and the installment payment has been confirmed. To ensure that the SIPs get auto debited every month on time, you will need to set up a biller which is a one-time process which means you won’t have to do it again when you start another SIP. Also, if the biller is not set up, the next SIP installment will fail and the SIP amount won’t get deducted.
So, here are the steps to register a biller-
1. Copy the 15 digit Unique Registration Number (which you had received after making the first transaction).
2. Now log-in to you banks internet banking site and follow the given steps-
- Click Bill payment
- Click Register/Add New Biller
- Select Biller-mutual funds
- Select Biller-mutual funds
- Select Company- BSE ISIP or BSE Ltd.
- Add the Unique Registration Number
- Select Auto Pay and click “Pay Entire Bill Amount”
- Confirm to submit the request
Follow Steps to Add Biller on HDFC Bank
Step 1: Open BillPay & Recharge
Step 2: Click on Mutual Funds
Step 2: Click on Mutual Funds
Step 4: Add the URN and other essentials (Nickname can be anything of your choice)
Follow Steps to Add Biller on Yes Bank
Step 1: Click Bill Pay. Click on Bill Payments
Step 2: Choose National and select BSE Limited
Step 3: Add the URN and select the options as shown below
Step 4: Click on Confirm
Step 5: Success, you are done!
Follow Steps to Add Biller on ICICI Bank
Step 1: Move cursor Click PAYMENT & TRANSFER and then select PAY BILLS
Step 2: Click on More to expand it after that select Mutual Fund
Step 3: For adding biller details, type BSE ISIP#
Step 4: Type URN, enable auto bill pay by click on “yes” and then select “full amount” from the drop-down under Auto Pay Mode. Then click on Register.
Follow Steps to Add Biller on Axis Bank
Step 1: Go to Pay Bills
Step 2: Click Add New Biller
Step 3: Select Mutual Fund and BSE Limited
Step 4: Add the URN and click the options as display below
Follow Steps to Add Biller on SBI Bank
Step 1: Click Bill Payments
Step 2: Click Manage Biller
Step 3: Click Add
Step 4: Select Biller as BSE Limited
Step 5: Type the URN number in the next section and cross-check the details in the view section
Follow Steps to Add Biller on Kotak Bank
Step 1: Click on Payment and Transfer and select Bill Pay/Recharge
Step 2: Select Mutual Funds in the option
Step 3: Click on drop-down list and Find ‘BSE Limited’
Step 4: From the drop-down list, click on ‘BSE Limited’
Step 6: Fill up the essentials and then click on ‘Add Biller’