Bajaj AMC Launches Simplified Three‑Step SIP Process
On Thursday, 6 August 2026, Bajaj Asset Management Limited (formerly Bajaj Finserv Asset Management Limited) issued a press release from Pune, Maharashtra, announcing a fully digital, three‑step systematic investment plan (SIP) onboarding journey that removes the need for physical paperwork.
Investors must have their PAN, a registered mobile number and a bank account from which SIP instalments will be debited. The first step requires signing in to the Bajaj AMC website (www.bajajamc.com), selecting “Invest Now” or the user icon, entering PAN and completing OTP verification sent to the mobile or email, and setting a four‑digit security PIN. This grants access to the account home page where all mutual‑fund schemes are displayed.
In the second step, investors choose a fund, click “Start SIP”, and input the desired investment amount, frequency, start date and duration. An “Investment Mode” dropdown lets them select either a Direct Plan – purchased directly from the mutual fund – or a Regular Plan – purchased through a distributor, the latter carrying a slightly higher expense ratio due to distributor commission. After reviewing the details, investors accept the terms and conditions and click “Invest”.
The third step involves creating an AutoPay mandate that authorises the bank to debit the SIP amount on scheduled dates. Investors can choose AutoPay via UPI, net banking or debit card; they are redirected to the respective payment app or bank page to approve the mandate. The mandate amount sets a maximum debit limit, while actual deductions follow the SIP instalment amount. For the SIP duration, investors may specify a fixed number of instalments or select “Until I stop” for an open‑ended SIP. Once the mandate is successfully registered, the SIP is active and debits will occur according to the schedule, subject to processing timelines. Investors can monitor transaction and SIP details through their Bajaj AMC account.
For customers who already have an existing AutoPay mandate with Bajaj AMC, the setup is even faster. New investors must first create an account and folio via a guided onboarding flow, and if they are not KYC‑validated, they must complete the Know‑Your‑Customer process before proceeding.
The release concludes with standard mutual‑fund disclosures, emphasizing that investments are subject to market risks, the document does not constitute endorsement, research report, or investment advice, and it does not guarantee minimum returns or capital safety. It advises investors to consult their own advisors, notes that the information may be updated without prior notice, and reiterates that the press release is provided under an arrangement with Newsvoir, with PTI bearing no editorial responsibility.