Moneycontrol Transact Mutual Fund - SIP Activation/Biller Registration for State Bank of India (SBI)

Step 1 : Get Biller Number

you need to know your UNIQUE REGISTRATION NUMBER/BILLER NUMBER from moneycontrol transact app. Here is a flow to access the same.

Step 2: Login to SBI internet banking from here

Step 3:  Select MANAGE BILLER option within BILL PAYMENTS

Step 4:  Click on ADD and Select ALL INDIA BILLERS option

Step 5: Select BSE Limited From BILLER NAME dropdown

Step 7: Fill in required details

Select YES for Auto Pay Required, Set AutoPay Limit to 2,00,000. This is the maximum transaction limit allowed on moneycontrol transact in a single day.

Step 8: Review and Authenticate the Details.

Once you have completed this process, your details will be updated in moneycontrol transact app/web within 3 working days.