Published Jun 25, 2026 4 Min Read

Introduction

An i-SIP, also known as Internet SIP, allows you to register a Systematic Investment Plan online by authorising automatic deductions from your bank account. It simplifies SIP registration while keeping the investment process digital and paperless. The Bajaj Broking website supports SIP and lumpsum investments across multiple mutual fund categories.

  • i-SIP meaning: An online SIP registration process that allows automatic investments into mutual fund schemes.
  • Minimum SIP amount: SIP investments can start from Rs. 100 per month on the Bajaj Broking website.
  • Fund choice: Access 4,000+ mutual fund schemes across equity, debt, hybrid, ELSS, thematic funds, and NFOs.
  • Payment authorisation: i-SIP generally works through an online mandate linked to your bank account.
  • KYC requirement: Completing KYC is mandatory before investing, as required by SEBI regulations.
  • Investment modes: Most schemes support both SIP and lumpsum investments.

You can begin your mutual fund journey on the Bajaj Broking website by completing KYC online, comparing schemes, and starting an SIP from Rs. 100 per month.

What is i-SIP in mutual fund?

i-SIP stands for Internet Systematic Investment Plan. It is an online process that allows you to register an SIP without submitting physical paperwork. Once registered, a fixed amount is automatically invested in your chosen mutual fund scheme at regular intervals.

An i-SIP does not change how SIP investing works. SIP remains an investment method that lets you invest a fixed amount periodically into a mutual fund scheme. The difference is that the registration and payment authorisation happen online.

When you invest through an i-SIP, mutual fund units are allotted based on the applicable NAV (Net Asset Value) on the investment date. NAV is calculated once every trading day after market close.

Key features of i-SIP

FeatureDetails
Registration modeOnline
Investment methodSIP
Bank authorisationDigital mandate
Minimum SIP amountRs. 100 per month
KYC requirementMandatory
Fund availability4,000+ mutual fund schemes

How does i-SIP work?

An i-SIP helps you automate regular investments into a mutual fund scheme through an online authorisation process. The setup generally takes only a few minutes if your KYC is already complete.

How does the process work?

  1. Select a mutual fund scheme and choose the SIP amount.
  2. Complete KYC verification using your PAN and required documents.
  3. Provide bank account details for automatic debit instructions.
  4. Authorise the online mandate through net banking or another approved method.
  5. Confirm the SIP frequency such as monthly or quarterly.
  6. Start investing as the selected amount gets debited automatically on the chosen date.

eMandate vs iSIP: Which is better?

Many investors use the terms eMandate and i-SIP interchangeably, but they serve different purposes. An i-SIP is the online SIP registration process, while an eMandate is the digital authorisation that allows automatic bank debits.

Featurei-SIPeMandate
PurposeRegister an SIP onlineAuthorise bank debits
FunctionInvestment setupPayment approval
Required for SIPYesUsually yes
Bank linkageIndirectDirect
UsageMutual fund registrationAutomated payments

Neither option is necessarily better because they perform different roles. In many cases, both work together to enable automated SIP investments.

Why do investors use i-SIP?

i-SIP offers convenience because you can complete the registration process online without visiting a branch or submitting physical forms.

Some common benefits include:

  • Online registration process.
  • Automatic investment discipline.
  • Reduced paperwork.
  • Timely SIP instalments.
  • Easy tracking through online dashboards.
  • Suitable for small investments starting from Rs. 100 per month.

You can also monitor your investments using tools such as Dashboard, Portfolio, Orders, and MF Profile available on the Bajaj Broking website.

How do you register and set up an i-SIP?

The registration process is fully online and can usually be completed in a short time if your KYC is already verified. The Bajaj Broking website allows you to start SIP investments across multiple fund categories.

Steps to register an i-SIP

  1. Log in to your investment account on the platform.
  2. Complete KYC verification using PAN and identity documents if required.
  3. Choose a mutual fund scheme from the available categories.
  4. Enter the SIP amount and select the investment frequency.
  5. Provide your bank account details for auto-debit registration.
  6. Approve the eMandate through your bank's authentication process.
  7. Review the SIP details and submit the request.
  8. Track future SIP instalments through Dashboard or Portfolio tools.

Things to keep in mind before using i-SIP

Before starting an i-SIP, ensure that your bank account has sufficient funds on the SIP debit date. Failed debits may interrupt your investment schedule.

You should also understand the risk level of your chosen fund. SEBI requires every mutual fund scheme to display a colour-coded riskometer showing risk levels:

SEBI Riskometer Level
Low
Low to Moderate
Moderate
Moderately High
High
Very High

Check the scheme's riskometer before investing and ensure it matches your financial goals and risk tolerance.

AMFI promotes ethical and transparent practices across the mutual fund industry, while SEBI regulates mutual funds and investor protection in India.

Conclusion

An i-SIP is an online method of registering an SIP and authorising regular investments into mutual fund schemes. It simplifies the investment process by replacing physical paperwork with digital registration and mandate approval.

If you want to invest regularly, i-SIP can help automate your contributions while giving you access to 4,000+ mutual fund schemes across equity, debt, hybrid, ELSS, thematic funds, and NFOs. Before investing, complete your KYC, review the scheme's SEBI riskometer, and choose an SIP amount that suits your financial goals.

Frequently asked questions

What is i-SIP in mutual fund?

i-SIP, or Internet SIP, is an online facility that allows you to register a Systematic Investment Plan digitally. Instead of submitting physical forms, you complete the registration process online and authorise automatic bank debits. On the Bajaj Broking website, you can use i-SIP to invest in mutual fund schemes with SIP amounts starting from Rs. 100 per month.

How is i-SIP different from a regular SIP?

A SIP is an investment method that allows you to invest a fixed amount into a mutual fund scheme at regular intervals. i-SIP refers specifically to the online registration process used to start an SIP. The investment itself remains the same, but i-SIP enables digital setup and payment authorisation instead of relying on physical paperwork.

How do I register an i-SIP?

To register an i-SIP, you need to complete KYC, select a mutual fund scheme, choose an SIP amount, provide bank account details, and approve an eMandate. The Bajaj Broking website offers access to 4,000+ mutual fund schemes across equity, debt, hybrid, ELSS, thematic categories, and NFOs, allowing you to complete the process online.

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Disclaimer

Bajaj Finance Limited (“BFL”) is an NBFC offering loans, deposits and third-party wealth management products.

The information contained in this article is for general informational purposes only and does not constitute any financial advice. The content herein has been prepared by BFL on the basis of publicly available information, internal sources and other third-party sources believed to be reliable. However, BFL cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed.

This information should not be relied upon as the sole basis for any investment decisions. Hence, User is advised to independently exercise diligence by verifying complete information, including by consulting independent financial experts, if any, and the investor shall be the sole owner of the decision taken, if any, about suitability of the same.

Disclaimer

Bajaj Finance Limited ("BFL") is registered with the Association of Mutual Funds in India ("AMFI") as a distributor of third party Mutual Funds (shortly referred as 'Mutual Funds) with ARN No. 90319

BFL does NOT:

(i) provide investment advisory services in any manner or form.

(ii) carry customized/personalized suitability assessment.

(iii) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.

In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on As-is basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme/Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities forming part of the Mutual Fund. The NAV will inter-alia be exposed to Price/Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other/better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.

Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.

Disclaimer on Risk-O-Meter:

Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc, and shall also consult their Professional advisors, if they are unsure about the suitability of the scheme before investing.


Disclosure
: Bajaj Finance Limited (BFL) is a distributor of Mutual Funds with ARN - 90319 and distributes mutual funds of Bajaj Finserv Asset Management Limited (BFSAMC). BFL receives commission towards distribution of mutual fund products. BFSAMC is a group company of BFL, carrying business on arm’s length basis without any conflict of interest and in accordance with the prevailing law / regulation.