What is a secondary bank account?
A secondary bank account
is another bank account that can be linked with 5Paisa. You can use a secondary
bank account to add funds to your trading account. However, no withdrawal
activities can be carried out using this secondary account.
Note: Withdrawals can be made
only through your primary bank account which you used at the time of creating
your 5paisa account.
It must be remembered that
there can be multiple secondary bank accounts added to your 5Paisa account, but
only one is considered to be primary.
Related Articles
Can funds be added from the secondary bank account?
Yes, funds can be added to your 5paisa account from a secondary bank account. Here are the details to ensure a smooth process: Bank Selection Consistency: If you are using UPI for the transfer, make sure that the bank selected during the initiation ...
How to remove a secondary bank account linked to a 5Paisa account?
Once added, you cannot remove a secondary bank account from 5Paisa. You may only update your bank details or add a new bank account to your 5Paisa trading account.
How to add a secondary bank account to a 5Paisa account?
A secondary bank is like an extra bank account in 5Paisa that can be added to your trading account. However, it must be known that the secondary bank account can only be used to add funds to your trading account. Beyond this, no funds can be ...
Can funds be withdrawn to the secondary bank account?
Please note the following important guideline regarding fund withdrawals from your trading account: Withdrawals are permitted only to your registered primary bank account. At present, withdrawals to secondary bank accounts are not facilitated. In the ...
Can a current bank account be linked to a 5Paisa account?
Yes, you can link a current bank account to 5Paisa either as a primary bank account or as a secondary bank account. However, you must ensure that the names of the current bank account, 5Paisa account, and PAN are the same. Note: The following ...