You can invest in mutual funds on FYERS using Net Banking when placing a one-time (lump sum) investment. Net Banking allows you to pay directly from your bank account by completing the payment on your bank’s Net Banking website.
This article explains the FYERS-side flow and what happens after you proceed to your bank for payment.
When Can Net Banking Be Used?
- Net Banking is available for one-time (lump sum) mutual fund investments
- It is not used for SIPs, which require mandate-based auto-debit
Steps to Invest Using Net Banking
On FYERS App
- Open the FYERS App.
- Go to Invest → Mutual Funds.
- Select a mutual fund and choose One-time.
- Enter the investment amount.
- Select Net Banking as the payment mode.
- Choose your bank from the available list.
- Proceed to pay and you will be taken to your bank’s Net Banking page.
On FYERS Web
- Log in to FYERS Web.
- Go to Invest → Mutual Funds.
- Select a mutual fund and choose One-time.
- Enter the investment amount.
- Select Net Banking as the payment mode.
- Choose your bank from the available list.
- Proceed to pay and you will be taken to your bank’s Net Banking page.
What Happens After You Leave FYERS?
- You are taken to your bank’s Net Banking portal
- The remaining steps are handled entirely by your bank
- You need to log in using your bank’s Net Banking credentials and authorise the payment
- After completing the payment on your bank’s Net Banking page, you must return to FYERS to check the order status
- We do not display or control the bank-side payment steps, as these differ across banks.
Steps to Check Investment Status After Payment
On FYERS App
- Tap Orders from the bottom navigation bar.
- Select Mutual Funds.
- Check the order status shown for the investment.
On FYERS Web
- Go to Orders → Mutual Funds.
- Check the order status shown for the investment.
Supported Banks for Net Banking
- Axis Bank
- City Union Bank
- State Bank of India
- ICICI Bank
- AU Small Finance Bank
- Airtel Payments Bank
- Bank of Baroda
- Bank of Baroda (Erstwhile Vijaya Bank)
- Canara Bank
- Catholic Syrian Bank
- Central Bank of India
- DCB Bank
- Dhanlaxmi Bank
- Equitas Small Finance Bank
- Fincare Small Finance Bank
- IDFC FIRST Bank
- Indian Bank
- Indian Bank (Erstwhile Allahabad Bank)
- Indian Overseas Bank
- IndusInd Bank
- Jammu and Kashmir Bank
- Jana Small Finance Bank
- Karur Vysya Bank
- NSDL Payments Bank
- RBL Bank
- SVC Co-Operative Bank Ltd.
- Saraswat Co-operative Bank
- South Indian Bank
- Tamilnad Mercantile Bank
- UCO Bank
- Ujjivan Small Finance Bank
- Union Bank of India
- Union Bank of India (Erstwhile Corporation Bank)
- Yes Bank
Do not close the app or browser until the payment is completed on the bank page and you have returned to FYERS to verify the order status.
What If...
| Scenario | Outcome |
|---|
| Payment is successful but units are not allotted yet | Unit allotment happens as per the mutual fund’s settlement cycle. |
| Payment fails on the bank page | The investment order is not created and you can place the order again. |
| Amount is debited but order shows pending | The order status updates once confirmation is received from the bank. |
My bank is not listed
| Only banks supported by the payment gateway are shown during checkout. |
| I exit the bank page without completing payment | The investment order is not completed. |
Last updated: 09 Jan 2026