How to add a Biller to start a SIP online

Angelo Soares
Angelo Soares
angelos@orowealth.com

Adding a biller is a necessary step in order to start a SIP with Orowealth. Don’t worry, it is completely online and takes less than a minute to do so. 

Once you have executed a SIP transaction from Orowealth, and paid for the first installment, you will have to add a biller to ensure all your future transactions are executed successfully. 

Biller is a one time process, and it takes less than a minute. Also, if your biller is not setup all your future installments will fail. 

 

How do I add a biller?

 

1.Copy the 15 digit Unique Registration Number (starting with BSE…) :
– You can find your URN in the Side bar -> Bank & Mandate Details -> Add Biller

2. Login to your Internet Banking and follow the steps below:

  •  Click Bill Payments
  • Click Register/Add New Biller
  • Select Biller – mutual funds
  • Select Company – BSE ISIP or BSE Ltd
  • Add the “Unique Registration Number”
  • Select “Auto Pay” and “Pay Entire Bill Amount”
  • Confirm to submit the request

Within 3-5 working days, you will get SMS from your bank approving the new biller. Once the biller is approved, your monthly investments (SIP) is set.

I have shared some screenshots on how to add a biller for the most popular banks in India.

How to add a biller on AXIS BANK :

Login -> Click on Pay bills:

Click on Add New Biller

Select Mutual Fund and select BSE:

Add a short name, URN, as shown below:

How to add a biller on HDFC BANK :

Click on BillPay & Recharge, and Click continue:


Select “Mutual Fund”:

Select ” BSE Limited”

Add your URN and other items:

How to add a biller on ICICI BANK :

Login -> Click on Bill Pay:


 

Select Mutual Funds:

Select BSE ISIP#:

Add the URN number and select “Full Amount”, and click on “Register”:

How to add a biller on Kotak BANK :

Login: and select the “Payment/Transfer”

Click on “Add Biller” & Search for “BSE Limited”:

Type in the URN and Click on Add biller:

How to add a biller on SBI:

Login -> Click on Bill Pay -> Manage Bills:

Click on “Add Bills” & select “BSE Limited”:

Add a Nickname, URN & Select “YES” for AutoPay & hit submit:

How to add a biller on Yes Bank:

 

Login: and select “Bill Pay”:

Click on “Add Biller”:

Select “National” & ” BSE Limited”:


Add a Nickname, URN & hit Submit:

Here are some other Banks that support Biller SIP:

 

  • State Bank of India
  • Axis Bank
  • Bank of Maharashtra
  • Catholic Syrian Bank
  • Central Bank of India
  • City Union Bank
  • Corporation Bank
  • Cosmos Bank
  • Development Bank of Singapore
  • Federal Bank
  • FIRSTRAND BANK
  • HDFC Bank
  • ICICI Bank
  • IDBI Bank
  • Indian bank
  • INDIAN OVERSEAS BANK
  • IndusInd Bank
  • Karnataka Bank
  • Kotak Bank
  • Lakshmi Vilas Bank
  • NKGSB bank
  • Ratnakar Bank
  • Saraswat Bank
  • South Indian Bank
  • The Dhanalakshmi Bank
  • UCO Bank
  • United Bank of India
  • Yes Bank


If you’re facing any issues adding a Biller or transacting SIP, please email us at connect@orowealth.com 

 

Angelo Soares
Angelo Soares
angelos@orowealth.com

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