Sbi Mutual Fund: Invest Offline With Simple Steps

The State Bank of India (SBI) is one of the most well-known state-owned banks in India. SBI offers its customers the option to invest in SBI Mutual Funds offline. Investing in SBI Mutual Funds offline requires following a few simple steps. First, contact a representative of SBI Mutual Fund or an empanelled distributor of SBI Mutual Fund. Next, procure the application and KYC form (if the KYC procedure has not been completed) from the website or any branch of SBI Mutual Fund or an empanelled distributor office. Fill out the form, providing necessary information such as name, address, PAN, email address, and mobile number. Attach copies of relevant documents and submit them along with a cheque or demand draft of the desired investment amount. Finally, submit the duly signed form(s), cheque, and all relevant documents to any branch of SBI Mutual Fund or point of acceptance.

Contact an SBI Mutual Fund representative or distributor

To invest in an SBI Mutual Fund offline, the first step is to contact an SBI Mutual Fund representative or an empanelled distributor. You can do this by visiting any branch of SBI Mutual Fund or an empanelled distributor office. Here, you can ask for assistance with the investment process and collect the required forms.

The SBI Mutual Fund representative or distributor will provide you with the application form and the KYC form if you have not already completed the KYC procedure. You will need to fill out these forms with the necessary information, including your name, address, PAN (Permanent Account Number), email address, and mobile number. This information is essential for communication purposes and registering for online transaction services.

Along with the duly signed forms, you will need to submit copies of relevant documents and a cheque or demand draft for the desired investment amount. Make sure you have all the required documentation before submitting the application to avoid any delays or issues in the process.

The SBI Mutual Fund representative or distributor will guide you through the entire offline investment process. They will also provide you with a folio number for your particular investment once your application has been processed. Additionally, you will receive an Account Statement, which will outline the details of your transaction.

Get application and KYC forms

To get started with your SBI mutual fund investment offline, you will need to obtain the relevant application and Know Your Customer (KYC) forms. Here is a step-by-step guide to help you through the process:

Get the Application Form:

You can download the application form for SBI mutual fund investments from the official SBI Mutual Fund website. The website provides easy access to all the forms you may need during your investment journey. Look for the "Download Mutual Fund Forms" or "Account Opening Forms" section on the website to find the relevant application form. Download and print the form, or you can visit a local SBI branch to obtain a physical copy.

Understand the Application Form:

Before filling out the application form, carefully read through it and understand the information required. The application form will typically ask for personal details such as your name, address, contact information, and financial information. It is important to have all the necessary information ready before starting to fill out the form.

Fill Out the Application Form:

Provide accurate and up-to-date information in the application form. Ensure that your name, address, and other personal details match those on your proof of identity and proof of address documents, which you will need for the KYC process. The application form will also require you to provide information about your bank account, such as the account number and the bank's IFSC code.

Get the KYC Form:

In addition to the application form, you will need to complete the Know Your Customer (KYC) process, which is mandatory for investing in mutual funds in India. You can obtain the KYC form from the same sources as the application form – either by downloading it from the SBI Mutual Fund website or by visiting an SBI branch to get a physical copy.

Understand the KYC Requirements:

KYC is a background check performed by financial institutions to verify your identity and address. It helps prevent fraud, money laundering, and identity theft. Along with the KYC form, you will need to submit proof of identity and proof of address documents. Acceptable documents include a passport, driving licence, Aadhaar card, voter's ID, job card issued by NREGA, bank passbook or statement (not older than 3 months), etc.

Fill Out the KYC Form and Submit Documents:

Complete the KYC form by providing your personal details, such as name, date of birth, address, and contact information. Make sure the information matches your proof of identity and address documents. Submit the completed KYC form along with the required documents to your nearest SBI branch or a registered KYC Registration Agency (KRA). You can contact the SBI mutual fund customer support or refer to their website for more information on KYC submission.

Remember to review your application and KYC form carefully before submission to ensure all information is accurate and up to date. This will help ensure a smooth and efficient process for your offline investment in SBI mutual funds.

Fill out the forms with personal details

To invest in an SBI Mutual Fund offline, you will need to fill out an application form and a KYC form if you have not already done so. You can get these forms from the website or any branch of SBI Mutual Fund or an empanelled distributor office.

The forms will ask for personal details, including:

• Name
• Address
• PAN (Permanent Account Number)
• Email address
• Mobile number

The email address and mobile number you provide will be used for further communication and to register for online transaction services. Make sure you provide clear and accurate information so that there are no issues with your application.

In addition to filling out the forms, you will also need to attach copies of relevant documents and submit them along with a cheque or demand draft for the desired investment amount. The specific documents required may vary depending on the type of investment and your individual circumstances, but generally, you will need to provide proof of your identity and address.

Once you have completed the forms and gathered the necessary documents, you can submit them, along with your payment, to any branch of SBI Mutual Fund or point of acceptance.

Attach copies of relevant documents

After filling out the application/KYC form, you will need to attach copies of relevant documents. These documents will serve as proof of the information you have provided in the forms, such as your name, address, and PAN (Permanent Account Number). Acceptable documents for proof of identity include a copy of your Aadhaar card, PAN card, Voter ID card, passport, driving license, or any other ID issued by the Central or State government. To prove your address, you can submit any document that displays your permanent address, such as your Aadhaar card or passport.

Along with the copies of your relevant documents, you will also need to submit a cheque or demand draft for the desired investment amount. Ensure that the cheque or demand draft is made out to the correct recipient and for the correct amount. Once you have gathered all the necessary documents and the cheque or demand draft, you can proceed to submit them to any branch of SBI Mutual Fund or an accepted point of acceptance.

Submit forms and documents to an SBI branch or point of acceptance

Once you have filled out the application and KYC forms, providing necessary information such as your name, address, PAN, email address, and mobile number, you will need to submit the duly signed forms, along with the cheque or demand draft for the desired investment amount, and all the relevant documents. These can be submitted to any branch of SBI Mutual Fund or a point of acceptance.

The SBI Mutual Fund website mentions that you can give them a missed call on 1800 270 0060, and they will call you back, or you can chat with them on WhatsApp. You can also scan the QR code on the website to download the app.

The SBI Mutual Fund Trustee Company Private Limited, set up under the Trust Act of 1882, controls the SBI Mutual Fund. It is a joint venture between the State Bank of India and Amundi, a French asset management company. The SBI Mutual Fund was set up on June 29, 1987, and incorporated on February 7, 1992. It was India's second Mutual Fund.

SBI Mutual Fund offers a wide range of tools to help with your investments, and you can get your statements mailed to your registered email ID.

Frequently asked questions