Adding SIP URN Number in Other Banks' Net-banking

What is the SIP URN Number?

A SIP URN (Unique Registration Number) is a special number that you receive when you register for a SIP online.

You can think of it as:

• A tracking number for your SIP investment
• A reference number your bank uses to identify your investment
• A link between your mutual fund and your bank account

Without adding this URN in your bank's net-banking, the auto-debit will not start.

Importance of SIP URN Number:

You add the URN so that:

• Your bank can recognise your SIP request
• The money gets debited automatically on the SIP day
• You avoid missing instalments
• You do not need to approve payments manually every month

This setup works like a standing instruction. Once you activate it, your SIP runs smoothly.

Things to Check Before Adding the URN

Before you start, make sure:

• You completed your KYC for mutual fund investment
• Your bank account has active net-banking access
• You received the URN from the mutual fund company or investment platform
• You add the URN within 10 days (usually it expires after that)

If the URN expires, you must generate a new one.

Steps to Add SIP URN Number in Other Banks' Net-banking

Adding a SIP URN number in other banks' net-banking generally involves a similar process. Follow the steps mentioned below:

Step 1- Login to your Net-banking: Access your bank's Net-banking portal and log in using your credentials.

Step 2- Locate Bill Payments: Look for the section related to bill payments or biller registration. This might be under 'Payments & Transfer' or 'Manage Bills'.

Step 3- Add Biller: Select the option to add a new biller. You might find an option specifically for 'Market Linked Funds' or 'Add Biller Category'.

Step 4- Select Biller Details: Choose 'Market Linked Fund' (if applicable) as the biller category. Then, select the specific fund company (e.g., Axis Mutual Fund) from the provided list.

Step 5- Enter URN Details: Here, you will enter the SIP's Unique Registration Number (URN) provided by your fund. You can also assign a nickname for easy identification (e.g., 'Monthly SIP').

Step 6- Set Up Auto Pay: Activate the 'Auto Pay' option to ensure automatic deductions for your SIP instalments.

Step 7- Account Selection: Choose the bank account from which the SIP amount will be deducted.

Step 8- Confirm and Submit: Review the entered details thoroughly. Once confirmed, submit the request.

Step 9- Verification (OTP): You might receive a one-time password (OTP) on your registered mobile number for verification. Enter the OTP to complete the SIP registration.

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

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Total Wealth ₹1.03 Cr

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

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Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

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Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

11.7%

Equity Pension

13.64%

Opportunities Fund

17.59%

High Growth Fund

11.84%

Opportunities Fund

22%

Multi Cap Fund

13.22%

Accelerator Mid-Cap Fund II

14.74%

Multiplier

13.3%

Frontline Equity Fund

14.23%

Virtue II

9.73%

Equity II Fund

10.16%

Gift Global Opportunity Maximizer Fund

14.1%

Growth Opportunities Plus Fund

10.69%

Equity Top 250 Fund

12.39%

Future Apex Fund

10.56%

Pension Dynamic Equity Fund

12.93%

Accelerator Fund

Benefits of Adding SIP URN Number in Other Banks' Net-banking

Adding a SIP URN to another bank's net-banking offers several benefits for managing your investments in best SIP plans:

1. Convenience and Automation:

   • Simplify your investment process by adding a SIP URN to another bank's net-banking.

   • Automate your chosen SIP instalments, ensuring timely investments without manual effort.

   • Amounts are deducted automatically at predetermined intervals (monthly, quarterly, etc.).

2. Reduced Risk of Missed Payments:

   • Eliminate the risk of forgetting payments by automating contributions to the best SIP Plans.

   • Consistent investing is crucial for rupee-cost averaging and compounding benefits.

3. Paperless Transactions:

   • Make your investment process eco-friendly by going paperless.

   • No need for cheques or physical forms; everything is handled electronically.

4. Security:

   • Utilize the existing security measures of net-banking for SIP transactions.

   • Peace of mind knowing funds are transferred securely.

5. Overall Simplification:

   • Streamline your SIP management for a disciplined investment approach.

   • Enjoy the benefits of automation and convenience in managing your investments.

Overall, adding a SIP URN to another bank's net-banking simplifies and streamlines your SIP management, promoting a disciplined and automated investment approach.

What Happens After You Add the URN?

Once you complete the process:

• Your bank registers the mutual fund as a biller
• Auto debit starts from the next SIP date
• You receive confirmation through SMS or email
• Your SIP continues until you cancel it

You can check the biller list in net-banking anytime to confirm activation.

Common Mistakes to Avoid while Adding SIP URN Number

Many people make small mistakes that delay SIP activation. Always double-check the following errors: 

• Entering the wrong URN number
• Adding URN after it expires
• Forgetting to enable Auto Pay
• Selecting the wrong bank account
• Skipping OTP confirmation

In Conclusion

Adding SIP URN number in other banks’ net-banking may sound technical, but it is actually very simple. You just need to treat your mutual fund as a biller and activate auto pay. Once you complete this setup, your SIP runs automatically and on time. In 2026, this method still gives investors control, clarity and peace of mind. You can use an SIP calculator to estimate the returns of your SIP investments.