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How do I change my bank account on my trading account?

Published in Trading Account Management 2 mins read

To change the bank account linked to your trading account, you typically need to update your details through your broker's online portal. The exact steps can vary depending on the brokerage firm you use.

Based on the provided reference for Zerodha, here are the steps to change your primary bank account linked with your Zerodha trading account:

Steps to Change Your Primary Bank Account on Zerodha

Changing your primary bank account requires an online process involving logging into your account console and completing an e-sign verification using your Aadhaar number.

Here is a breakdown of the process:

  1. Log in to the Zerodha Console at console.zerodha.com.
  2. Click on Account.
  3. Click on Bank.
  4. Click on the Modify bank account icon. This icon is usually represented by a pencil or edit symbol next to your current bank details.
  5. Enter the new account number and the correct IFSC code for your new bank account.
  6. Accept the terms and conditions related to the bank modification request.
  7. Click on Proceed to e-sign and then Sign now. This will initiate the electronic signing process required for verification.
  8. Select the checkbox agreeing to the e-sign process, enter your Aadhaar number in the designated field, and click on Send OTP to your Aadhaar-registered mobile number for verification.

Once you successfully complete the e-sign process with the OTP, your request to change the primary bank account will be submitted for processing by your broker.

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