How to invest in SBI Mutual Fund via SMS | m-easy?

State Bank of India (SBI) mutual fund has started a new service called m-easy, wherein the customer can invest / redeem by just sending SMS from mobile phone. The specified amount will be credit from / debited to your bank account. 

One must note here that this facility is not for new customers. That means you must fill-up physical form once to get your folio no. You can then link your folio no. to your mobile phone no.

 

How to invest with m-Easy? 

Just follow the simple steps and you are done!

• Register for m-Easy by filling in the Registration cum Debit Mandate Form.
• To invest: Send an SMS saying "INV space <amount>” to 9210192101
• To redeem: Send an SMS saying "RED space <amount>” to 9210192101

The specified amount will get transferred from/ to your bank account into/ from the specified scheme.

Currently m-Easy facility is available only for transacting in SBI Short Horizon Debt Fund – Ultra Short Term Fund – Retail Plan – Daily Dividend.

Advantages of m-Easy

 

• Simple and convenient way to invest
• Invest while on the move
• No paper work
• Instant confirmation of the transaction

 

 

Download

Please click on the below given links to download the m-Easy registration form. All you need to is to download the form, fill in the required details and submit it to any of the CAMS / SBI Mutual Fund offices.

Registration Cum Debit Mandate Form