How To Register Sip With Icici Bank

Investing in mutual funds just became piece of cake! At present you tin can enrol for systematic investments plans (SIPs) online using the i-SIP facility. Information technology is an absolutely paperless facility. Under i-SIP, you may initiate an SIP for funds using a secure and automatic gateway.

To use the i-SIP facility, you lot need to have Netbanking-enabled account which needs to be KYC compliant every bit well. The depository financial institution where y'all are property a saving business relationship has to be the one approved to offer an i-SIP facility. You can follow these easy steps to avail an i-SIP facility.

Steps to activate your SIP through ICICI Netbanking:

Go to ICICI netbanking folio
Login with your ICICI netbanking credentials into your account.
Go to Payments & Transfer > Bill payments

4. Click on Annals.

ICICI netbanking SIP in ICICI bank-Bill payments

v. Select Mutual Fund Option

6. Select the mutual fund company that you wish to add together (Eg: Axis mutual fund)

7. You will come to the biller details screen. Enter the post-obit equally described in the paradigm beneath:

Add any nick proper noun to place the SIP(Eg: Axis SIP)
Set Auto Pay required as Yes.
Set Auto Pay mode as Full corporeality.
Select account from which money should exist deducted.
Add unique registration number(URN) for that fund shared with you.
Click Side by side

eight. Check all the details you have entered and click on submit

nine. Enter OTP received on your mobile.
10. Click confirm to complete common fund SIP registration.

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

12. You can view the added billers nether registered billers department.

Why should y'all practice this?

Hasslefree – You do it once and every month your investments get done automatically.
Paperless – No demand to sign whatsoever cheques or courier whatsoever documents.
Secure – It'south completely safety as all your investments go through your ICICI netbanking account.