To start an SIP on Groww, you need to automate the SIP installments.
There are 3 ways to do this.
Among these 3, E-Mandate and OTM are the more popular choice.
Here are the banks supporting each of these methods.
Below is a list of all the banks that support E-Mandate. The bank names are arranged in alphabetical order.
Please note, all the banks in this list also support OTM.
Abhyudaya Co Op Bank |
Aman Sahakari Bank Ltd |
Ambarnath Jai Hind Co Op Bank Ltd |
Amreli Jilla Madhyastha Sahakari Bank Ltd |
Andhra Bank |
Andhra Pragathi Grameena Bank |
Axis Bank Ltd |
Bank of Baroda |
Bank of India |
Bank of Maharashtra |
Bassein Catholic Co Op Bank |
Bharati Sahakari Bank Ltd Pune |
Bihar Gramin Bank |
BNP Paribas |
Canara Bank |
Central Bank Of India |
Chamoli Zila Sahkari Bank Ltd |
Chartered Sahakari Bank Niyamitha |
Citibank |
Commercial Coop Bank Limited |
Corporation Bank |
DCB Bank |
Dena Bank |
Development Bank Of Singapore |
Dharmapuri District Central Co Op Bank Ltd |
Durgapur Steel Peoples Co Op Bank Ltd |
Equitas Small Finance Bank Ltd |
Federal Bank |
Fingrowth Co Op Bank Ltd |
Gayatri Co-operative Urban Bank Ltd |
Guardian Souharda Sahakari Bank Niyamita |
HDFC Bank |
HSBC |
ICICI Bank |
IDBI Bank |
IDFC Bank |
IndusInd Bank |
Integral Urban Co Op Bank Ltd |
Janaseva Sahakari Bank Borivli Ltd |
Janata Sahakari bank Ltd |
Jharkhand State Co-Operative Bank Ltd |
Jharneshwar Nagrik Sahakari Bank Maryadit |
Kallappanna Awade Ichalkaranji Janata Sahakari Bank |
Karnala Nagari Sahakari Bank Ltd Panvel |
Karnataka Bank Ltd |
Karur Vysa Bank |
Kashmir Mercentile Co Op Bank Ltd |
Khalilabad Nagar Sahkari Bank Ltd |
Konoklota Mahila Urban Co Op Bank Ltd |
Kotak Mahindra Bank Ltd |
Kozhikode District Co Op Bank |
Laxmibai Mahila Nagrik Sahakari Bank Maradit |
Lokmangal Co Op Bank Ltd Solapur |
Mahesh Sahakari Bank Ltd Pune |
Manorama Co Op Bank Ltd Solapur |
Meghalaya Rural Bank |
Nagar Sahakari Bank Ltd. Gorakhpur |
Nagrik Sahakari Bank Ltd Lucknow |
Nainital District Co Operative Bank Ltd |
National Urban Co Op Bank Ltd |
New India Co-op Bank Ltd |
Noble Co Op Bank Ltd |
Noida Commercial Co-Operative Bank Ltd |
Oriental Bank of Commerce |
Pali Urban Co Operative Bank Ltd |
Palus Sahakari Bank Ltd |
Pathanmthitta District Co Op Bank Ltd |
Prathama Bank |
Punjab National Bank |
Rajadhani Co Op Urban Bank Ltd |
Rajdhani Nagar Sahkari Bank Ltd |
Ramgarhia Co Op Bank Ltd |
RBL Bank |
Rendal Sahakari Bank Ltd Rendal |
Samata Co-operative Development Bank Ltd |
Saraswat Bank |
Saurashtra Gramin Bank |
Sawai Madhopur Urban Co Op Bank Ltd |
Shivaji Nagari Sahakari Bank Ltd |
Shri Veershaiv Co-Op Bank Ltd |
Shushruti Souharda Sahakari Bank Niyamita |
South Indian Bank |
Standard Chartered Bank |
Sterling Urban Co Operative Bank Ltd |
Suco Souharda Sahakari Bank |
Svc Co Op Bank Ltd |
Syndicate Bank |
Tamilnad Mercantile Bank Ltd |
Tehri Garhwal Zila Sahkari Bank Ltd |
Telangana Grameena Bank |
Telangana State Co Op Apex Bank Ltd |
The Adarsh Co Op Urban Bank Ltd |
The Adinath Co Op Bank Ltd |
The Agrasen Co Op Urban Bank Ltd |
The Akola District Central Co Op Bank Ltd |
The Andhra Pradesh State Co Op Bank Ltd |
The Bharat Co Op Bank Ltd |
The Bharath Co Op Bank Ltd |
The Burdwan Central Co op Bank Ltd |
The Catholic Syrian Bank |
The Chandigarh State Co Op Bank Ltd |
The Citizens Urban Co-operative Bank Ltd. |
The Cosmos Co-Operative Bank Ltd |
The Eenadu Coop Urban Bank Ltd |
The Gujarat State Co Op Bank Ltd |
The Guruvayur Co-operative Urban Bank Ltd |
The Junagadh Commercial Co-Op Bank Ltd |
The Kanakamahalakshmi Co Op Bank Ltd |
The Karan Urban Co Op Bank Ltd |
The Karnataka State Co-Operative Apex Bank Ltd |
The Kottayam District Co-operative Bank Ltd |
The Kurmanchal Nagar Sahkari Bank Ltd |
The Ludhiana Central Cooperative Bank Ltd |
The Moga Central Co Op Bank Ltd |
The Mugberia Central Co-Operative Bank Ltd |
The Nabadwip Co-Operative Credit Bank Ltd |
The Nilgiris District Central Co Op Bank Ltd |
The Pochampally Co Op Urban Bank Ltd |
The Rajputana Mahila Urban Co Op Bank Ltd |
The Salem District Central Co Op Bank Ltd |
The Shillong Co Op Urban Bank Ltd |
The Solapur Social Urban Co Op Bank Ltd |
The Surat District Co-op Bank |
The Sutex Co Op Bank Ltd |
The Trivandrum Co-operative Urban Bank Ltd |
The Utkal Cooperative Banking Society Ltd |
The Varachha Co Op Bank Ltd |
The Vellore District Central Co Op Bank Ltd |
The Vijay Co Op Bank Ltd |
Tumkur Grain Merchant’s Co-operate Bank Ltd |
UCO Bank |
Union Bank of India |
Universal Co Op Urban Bank Ltd |
Uttarbanga Kshetriya Gramin Bank |
Uttarkashi Zila Sahkari Bank Ltd |
Vasai Janata Sahakari Bank Ltd |
Yes Bank |
Zila Sahakari Bank Ltd Haridwar |
Zila Sahkari Bank Ltd Garhwal Kotdwar |
Below is a list of all banks supporting OTM only. These banks do not support E-Mandate.
Bandhan Bank Ltd |
Bhadohi Urban Co Operative Bank Ltd Gyanpur |
Bombay Mercantile Co Op Bank Ltd |
City Union Bank Ltd |
Pune District Central Co-operative Bank Ltd |
Punjab And Maharashtra Co Op Bank |
Rajarambapu Sahakari Bank Ltd Peth |
Rajkot Nagarik Sahakari Bank Ltd |
Shree Samarth Sahakari Bank Ltd Nashik |
State Bank of India |