Step By Step Guide to Add a Biller to Start a SIP Online

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).

You can find URN number in the SIP confirmation email received by you or you can simply find it in the Investment Profiles > Mandate List section on your VSRK App

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’

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