Opening an SIP in Nepal is not difficult, but the process is easy to misunderstand. Registration, portal login, and installment payment are three separate actions, and each issue manager runs them on its own system and user interface. This page explains SIP Registration, SIP Login, and SIP Payment processes in easy steps for major open-ended schemes (SIPs) currently offered in the market.
SIPNP does not host mutual-fund accounts. You will always complete sensitive actions on the official website of the relevant issue manager. Links and menu names below are for guidance; if a live screen differs from this article, follow the live screen.
Three action steps: SIP Registration, SIP Login, and SIP Payment process
Registration is the first enrollment into a scheme’s systematic investment plan. Before starting SIP, you have to create a user and pay your first SIP installment with your details, Demat information, installment amount, and frequency.
Login is simply returning to that manager’s portal later.
Payment is the settlement of a due installment—sometimes automated via e-mandate and standing instructions, but often still done manually on a payment page.
If you are new to SIP, the first thing you have to do is register. But if you already hold units and only need to clear the monthly installments, you can pay them directly through the Issue Manager portals or via a digital wallet like Khalti by IME and eSewa.
What to prepare before registration (Documents required for SIP Registration)
Depending on the issue manager, the documentation and process may differ. Also, if you want to complete the process quickly and avoid getting stuck at any point in the documentation, you have to keep these things ready on your phone or laptop.
- Demat account details and full BOID (forms often ask for the depository participant and the last eight digits of the BOID)
- Demat confirmation letter, it can be obtained from your DP (Capital company or the parent of your capital companies, like a bank)
- Citizenship certificate or National ID, plus a clear passport-size photograph in JPEG or PNG file format. Depending on the issue manager, the file format and size may be different.
- Your bank account (your own bank account, doesn’t need to be the same bank account linked to your DEMAT Account)
- Mobile number and email address you check regularly for OTP Verification and future requirements
- Chosen installment amount and frequency
- Dividend instruction, if asked—cash payout or reinvestment
Read the scheme summary and fee notes on the manager’s site before you accept the declaration. An SIP is a market-linked mutual fund purchase, not a fixed bank deposit.
Where to register and log in
Bookmark the official portal once. Do not rely on sponsored search results that merely say “SIP login.”
A login created with one manager does not open holdings at another. Nabil’s access will not show NMB units or similar.
General SIP registration sequence
Interfaces differ, yet the order of work is usually the same:
- Go to the issue manager portal for SIP user creation,
- Tap on SIP SignUp, now sign up using your Personal and DEMAT Details,
- Now upload the documents like National ID, Citizenship Certificate, DEMAT Confirmation letter, PP-size photo, and other mandatory documents,
- Verify the email address with the OTP,
- Set the SIP module as limited or unlimited, duration in years, payment frequency, and amount,
- Enable/Disable the Dividend Reinvestment option,
- Acknowledge all terms and conditions by tapping on the check box for terms,
- Review all documents before submitting for SIP registration,
- Pay for the first SIP installment and wait for payment confirmation and user creation.
Although the payment confirmation will be delivered to you in an instant message, user creation may take 2-3 business days, depending on the issue manager.
Paying SIP installments (SIP Payment)
Registration is the first phase of your SIP investment; besides this major initial step, the key is to keep investing and paying the same amount until the end of your SIP period. Paying the first installment is easy because it’s done while registering the SIP for the first time.
But from the second installment, it’s a confusing and hard task for many of us. This is because, with RD, the Bank doesn’t allow you to pay your next and upcoming installments at regular intervals. So, for this, payment automation is required; it works when e-mandate is enabled.
As of now, nBank by Nabil allows the standing instruction process to auto-pay the SIP installments managed by their subsidiary, Nabil Investment Banking.
Otherwise, you have to go through a manual process at each interval (month) for each SIP, which may take up your time. For manual SIP payments, you always need to know and enter your BOID, select the installments, and choose the available payment method.
Units may not appear the same hour payment succeeds. Allow for the manager’s allotment cycle on business days. Before paying twice, check whether the installment still shows as due.
SIP Register, Login & Payment Procedures for All Issue Managers and SIPs
Nabil Investment Banking — Nabil Flexi Cap Fund and NI 31
Banking/Investment Banking/Capital company in Nepal. Currently, Nabil Investment Banking runs two SIP Schemes in Nepal. With funds sponsored by the parent company, Nabil Investment Banking maintains a strong footprint in SIP schemes in Nepal.
Process for SIP Registration
Process for SIP Payment
NIMB Ace Capital — NIBL Sahabhagita Fund
NIMB Ace Capital (formerly NIBL Ace Capital) maintains the first SIP Scheme in Nepal, with fund sponsorship from the parent company, NIMB Bank. As of now, in dividend history, this NIBL Sahabhagit Fund is the highest-dividend-sharing SIP Scheme in Nepal.
Process for SIP Registration
Process for SIP Payment
NMB Capital — NMB Saral Bachat Fund – E
Capital managed by NMB Capital. This NMB Saral Bachat Fund-E is another of the most-subscribed SIP Schemes in Nepal. NMB Bank Limited, the parent company sponsor, provides funds for this SIP Scheme. NMC Capital currently maintains a single SIP Scheme.
Process for SIP Registration
Process for SIP Payment
NIC Asia Capital — NIC Asia Dynamic Debt Fund and ELIS
After Nabil Investment Banking, NIC Asia Capital is the second Issue Manager in Nepal to offer more than one SIP. NIC Scheme Asia Capital, a subsidiary of NIC Asia Bank, maintains two different SIP Schemes in Nepal. Their first SIP Scheme was based on an equity scheme (NIC Asia Dynamic Debt Fund), and the new one is based on an equity scheme (NIC Asia Equity Linked Investment Scheme). Also, NIC Asia offers the mini SIP in N, starting at Rs 500 per month with their NIC Asia ELIS SIP.
Process for SIP Registration
Process for SIP Payment
Kumari Capital — Kumari Sunaulo Lagani Yojana (KSLY)
Kumari Sunaulo lagani Yojana (KSLY) is the new name in SIP Market in Nepal. This SIP Scheme is managed by Kumari Capital, a fund sponsor, in partnership with Kumari Bank. Kumari Capital offers a new user interface and modern dashboard to make your SIP payments, registrations, and experience better than the classic UI found in Siddhartha, Laxmi, NMB, and NIMB Capital.
Process for SIP Registration
Process for SIP Payment
Laxmi Sunrise Capital — Shubha Laxmi Kosh (SLK)
Laxmi Sunrise Capital, with fund sponsorship from Laxmi Sunrise Bank, manages this SIP Scheme in Nepal. Subha Laxmi Kosh (SLK) has a strong dividend history in Nepal to date.
Process for SIP Registration
Process for SIP Payment
Siddhartha Capital — Siddhartha Systematic Investment Scheme (SSIS)
Systematic Investment Scheme (SSIS) is newer in the the SIP market, similar to other SIP like, Sanima SIP, Macchapuchchre SIP, and Prabhu SIP. Siddhartha Capital manages this SSIS.
Process for SIP Registration
Process for SIP Payment
Machhapuchchhre Capital — Machhapuchchhre SIP Yojana (MSIP)
Machhapuchhre SIP Yojana is also the new name for the SIP scheme. Machhapuchhre Capital manages this SIP Yojana (MSIP) with fund sponsorship from Machhapuchhre Bank. As in Kumari SIP, you will get a similar modern, advanced, and easy-to-use user interface here.
Process for SIP Registration
Process for SIP Payment
Prabhu Capital — Prabhu Systematic Investment Scheme (PSIS)
Prabhu Systematic Investment Scheme (PSIS) is the latest mutual fund scheme offered by Prabhu Capital with fund management by Prabhu Bank. It’s the first open-ended mutual fund scheme offered by Prabhu Capital as an SIP in Nepal.
Process for SIP Registration
Process for SIP Payment
Sanima Capital — Sanima Flexi Fund (SSF)
Sanima Flexi Cap Fund is an equity-oriented open-ended mutual fund scheme offered by Sanima Capital. SIP Capital manages this SIP Scheme, and Sanima Bank offers the fund.
Process for SIP Registration
Process for SIP Payment
Citizens Capital – Citizens Sadabahar Yojana
Citizens Capital, which manages the Citizens Sadabahar Yojana SIP Scheme, an open-ended mutual fund scheme, like other SIP Schemes managed by Citizens Capital with fund sponsorship from Citizens Bank International.
Process for SIP Registration
Process for SIP Payment
Problems that come up often while SIP Registration
Sometimes the SIP Registration can’t complete. So, you have to compare every field that must be entered, without missing the mandatory field marked with an asterisk in red or green color (*). Here are the possible errors and their fixes during SIP registration,
- Ensure all the details are filled, including the mandatory and additional details,
- The filled details must be the same as per your Bank and existing details, as must match as per your DEMAT Details,
- Stuck in payment process, wait for processing the payment, if not wait for payment confirmation or if not start from fresh,
- Avoid a second payment until the first is confirmed as failed or absent from dues, or report the transaction in the statement section of the mobile banking app.
Basic Precautions in SIP Registration and Payment Process
Make sure you agree to proceed further with SIP registration without knowing these small precautions and safety practices,
- Enter passwords only on the issue manager’s official website.
- Verify unusual payment instructions by calling the number published on the manager’s website.
- Confirm the issue manager’s bank account details in the payment portal while processing the SIP for Nabil Investment Banking, as the payment procedure doesn’t show other-party, third-party, and personal QR codes and details for the first installment.
You can also save that link by bookmarking it for next login. Note your installment date. Confirm the dividend instruction once more. When units appear, reconcile them against the amount invested and the applicable NAV. SIPNP’s other guides cover NAV and scheme education; the calculators on this site are for planning arithmetic only and do not process real payments.
Frequently asked questions
No. Each issue manager maintains its own system and data safety, so you have to create a separate user on each issue manager if you plan to start SIP across multiple schemes.
To register a SIP, a DEMAT Account is required. It’s required and part of the standard enrollment for holding the SIP units in your name virtually.
Accessing the issue manager’s office may accept the offline form-based registration, but not always. One can easily register for SIP online and make SIP payments.
No. SIPNP publishes only educational tutorials and tools. Money movement occurs only on official manager or payment gateway pages.
Disclaimer
This article on SIP Register, Login & Payment in Nepal is for general information only. It covers the process of SIP registration, SIP login, and SIP payment. It is not investment advice and not an offer to sell mutual fund units.
Investment in mutual funds is subject to market risks; it’s not fixed or controllable. So, all the portal steps, fees, and payment options can vary over time and from one issue manager to another. Always rely on the licensed issue manager’s website and documents. SIPNP accepts no responsibility for losses arising from phishing sites, incorrect BOID entry, or failed transactions.
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