iSIP

What is iSIP?

iSIP is an online systematic investment plan (SIP) tool where you can invest through an SIP online and secure your long term goals with ease.

What are the significant features of iSIP?

Birla Sun Life iSIP is the first of its kind in the Indian mutual fund industry. The significant features are -

Managing your SIP investments is just a click away
Quick and Paperless
Simple 3 step process
Manage your SIP anytime and anywhere
Its easy and secured
You can change your Bank Mandate
Change your Debit Date
Change your Amount
Change your Scheme online

Who can avail of this facility?

An existing investor, who has a CIP/TPIN, can avail of this facility by logging in on our website
www.birlasunlife.com

An existing investor, who has a CIP/TPIN, can avail of this facility by logging in on our website www.birlasunlife.com

No CIP/TPIN - If you have an investment with us and wish to avail of this facility, you can generate a TPIN online by visiting our website. Alternately, you can click the link
Online Account Access - Registration

Do remember, your email id needs to be registered in our records to access your account online.

To register your email id, please send us a written request by filling up a common transaction form or by writing a letter and send it to our Authorized Collection Center.

How can I invest through iSIP?

Investing through iSIP is a simple 3 step process.

Once you have logged in to our online portfolio management system, click on 'Register for SIP' and follow the instructions which will guide you through the entire process.

Fill the registration form
Confirm your registration
Login to your banks website and register Birla Sun Life as a Biller
Note your Unique Registration Number (URN) for future reference

Is this facility available for all schemes?

This facility is offered for schemes where SIP is currently available. Once you login, you will be able to see a list of schemes which you can then choose to register you SIP.

What is the minimum and maximum amount required to register for iSIP?

The minimum amount required to invest is Rs. 500 for ELSS funds and Rs. 1000 for other schemes.

What is the minimum duration I can choose while registering for iSIP?

The minimum duration is 6 months for all investments made under SIP. You can choose either 'monthly' or 'quarterly' SIP option. Under the monthly option, a minimum of 6 installments can be selected and 4 installments under the quarterly option.

What are the available dates while making an iSIP purchase?

An existing investor, who has a CIP/TPIN, can avail of this facility by logging in on our website You can select any one of the following dates; 1st, 7th, 10th, 14th, 20th, 21st or 28th.

Can I register the iSIP through any bank?

You can register through any of the banks provided in the drop down box. However, you need to have online access with your bank to avail this facility.

My bank branch and city are not in the list, what should I do now?

If the bank branch and city is not available in the dropdown list, you can mention OTHER in the space provided next to each option.

What type of account do I need to avail of the iSIP facility?

You can invest through a current or savings account held with the registered banks. This facility is currently not available for NRI accounts.

Will my iSIP be rejected if I do not mention the MICR and/or IFSC code?

MICR and IFSC codes are mandatory fields.

Will this be treated as a 'Direct' investment?

You have an option of investing via a Broker OR Direct. If you want to invest through a broker then please enter the broker code and 'sub broker' code (if applicable). This will ensure that your broker gets the brokerage for this transaction. The advantage of investing via a broker is that you will get sound investment advice.

Will any load be charged, if I invest through iSIP?

The load structure will be applicable depending on the scheme you select while registering for an SIP and on selecting a Direct or Broker investment.

Please read the offer document carefully for information on the load structure for the scheme you have selected.

What are the charges applicable for this facility?

This facility comes absolutely free for our investors; however the only charges applicable will be the load fee (as applicable)

While choosing the install amount, I get a pop up message, what is this?

Installments of Rs. 50,000 and above require you to be KYC compliant, the pop up confirms if you are KYC compliant or not.

If you are not KYC compliant, please click here to find out how you can fulfill the requirements.

What are the payment options available to avail this facility?

You can avail of an auto debit facility from your bank account only. Units cannot be purchased using a debit or credit card.

What happens once I fill and confirm the online registration form?

Once you fill and confirm the online registration form, you will be guided to the website of the bank you selected, once you login with the banks user id and password, you need to register Birla Sun Life as a payee inorder to complete the transaction.

Can I renew my iSIP online?

Yes. You can renew you SIP online.

You can also

Change your Bank Mandate
Change your debit date
Change your amount
Change your scheme

All you have to do is register for a new SIP via iSIP and you can move your entire manual SIP's to the automatic mode. Please remember that you will need to register one month in advance.

Can I cease / cancel my iSIP online?

Yes, you have an option to cancel your iSIP online anytime. Just select the 'My SIP status' under SIP, if multiple iSIP's, select the iSIP you want to cancel, answer a few questions and your SIP will be cancelled. You can check the status of your request on the same link under the 'status' tab.

Do remember to cancel the iSIP30 days prior to the next installment date.

How will I know if the iSIP is registered?

Just select the 'My SIP status' under SIP, the 'status' tab will display as 'Registered', 'Active', 'Cancelled', 'Expired' OR 'Closed'.

Registered: - You have created a iSIP transaction that will be active once you have registered Birla as a Biller with the Bank.

Active: - Your SIP is now active in our system and your bank will be debited on the date you have chosen. (This will only happen after you have registered Birla as a biller with your Bank)

Cancelled: - Transaction Cancelled by the Investor.

Expired: - Unique Registration Number expired. Therefore, please register for a new SIP.

Closed: - The SIP term is complete.

Do I have to register BSL as a payee on my bank account online?

Yes, if you want to successfully register your SIP, you should register Birla Sun Life as a payee under the auto debit mode.

If during registration, you do not register Birla Sun Life as a payee, this transaction will be in 'Registered' status and not move to the Active Status

If I select 'I will register later', till when will this facility be available?

You have 10 days to register us as a payee, till then the transaction will show as 'Registered' and not Active. For the SIP to execute the status should have moved to Active.

What is an URN number?

URN is Unique Registration Number. In case you want to register us for a payee later, you will need this number at that time. This is also a reference number and if you have any difficulties or queries, you can contact us and provide this number and we will be able to assist you with your queries.

Can I avail of CSIP / Critical Illness / Lifestage plan through this facility?

No, this option is currently not available.

Once I have registered for iSIP, can I see the status of all my SIP's online?

You will be able to see the status of all your SIP's that you have created online.

iSIP

Customer Support

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