Paytm Partners with SBI Mutual Fund for JanNivesh ₹250 SIP
MFNews
JanNivesh ₹250 SIP makes investing accessible to everyone by allowing individuals to start their investment journey with as little as ₹250
Chandigarh: Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and pioneer of QR codes, Soundbox, and mobile payments, has partnered with SBI Mutual Fund, India’s largest asset management company, to launch JanNivesh ₹250 SIP. This initiative aligns with the Government of India’s Viksit Bharat vision, aiming to promote financial inclusion and empower citizens to invest in their future.
JanNivesh ₹250 SIP makes investing accessible to everyone by allowing individuals to start their investment journey with as little as ₹250. The initiative was launched in the presence of SEBI Chairperson Smt. Madhabi Puri Buch and SBI Chairman Shri C S Shetty, reinforcing the commitment to financial growth for all.
Vijay Shekhar Sharma, Founder & CEO – Paytm said, “We are excited to participate in the Government of India’s Viksit Bharat vision with the launch of JanNivesh ₹250 SIP on Paytm, in partnership with SBI Mutual Fund. The mutual funds market currently has over 100 million investors, and we are thrilled to be part of the journey towards expanding this to 300-400 million mutual fund investors. This initiative, with its simple and low-investment amount SIP options, allows millions of Indians to start investing and contribute to the nation’s economic growth. We extend our gratitude to SBI and SEBI for making this vision a reality.”
How to Start Your JanNivesh ₹250 SIP on Paytm
Open the Paytm App and tap on the JanNivesh SIP icon in the ‘Do More with Paytm’ section.
Choose your preferred investment frequency—Daily, Weekly, or Monthly.
Select the investment amount, starting from ₹250, that you wish to contribute towards your SIP.
Click on “Proceed” and enter your PAN details when prompted.
Complete your SEBI-mandated KYC steps by providing the required details.
Review your SIP details and proceed to set up UPI Autopay mandate for seamless payments.
Once the UPI Autopay mandate is successfully set up, your SIP will be registered.
With UPI Autopay, your investments continue without hassle, making wealth creation simple and accessible.
Paytm’s partnership with SBI Mutual Fund aims to revolutionize the way Indians invest, just as it transformed digital payments with QR codes and Soundbox. By lowering the entry barrier for investments and providing a seamless digital experience, JanNivesh ₹250 SIP is set to drive financial inclusion, encourage savings, and support India’s long-term economic growth.
