Create/Register SIP Mandate

Payment Mandate makes it possible to make recurring as well as one-time payments. While this enables us to register a SIP, the SIP still has to be authenticated by you and the mandate is an enabling mechanism which in our view is best done when registering your account. You can also make one-time payments for purchases using a registered Mandate, but even in this case it requires a confirmation from your end when the payment is being made

Types of Mandates

Steps to Register / Create your Autopay Mandate

Steps-1 Open the Consortium App and click on More followed by Investment Profile

Steps-2 Select Investment Profile – In case of a group/family, all individual investment profiles will be listed below

Steps-3 All your existing mandates will be listed here. To create a new mandate, click “Create Autopay Mandate”

Step-4 Select the ‘Autopay Mandate Type’ as E-NACH (Recommended) Or Digital Mandate Or Paper Mandate and add the amount. All other details will already be filled. Click “Continue” to submit

Steps-5 Once the request to register a Mandate has been submitted, you will need to authorize the Mandate by following the instructions in the email you will receive from BSE Star MF via email.

Click the following links for steps on how to:

• Authorize E-NACH Mandate
• Authorize Digital Mandate / ISIP Mandate (Add Biller)
• Paper Mandate / XSIP Mandate