Process for Bank Modification with 5paisa

Process for Bank Modification with 5paisa

You can register maximum of 5 banks for Pay-in Process is as below:

To Add Bank:

Through App: 
Login to 5paisa App >> User >> My Profile >> Manage >> Bank Details >> Add Bank >> Enter Account no. and IFSC >> click on Proceed




 
Through Web:
Login to 5paisa website >> Right side Click on the profile icon >> Click Profile >> My Profile >> Bank Details >> Add Bank >> Enter Account no. and IFSC >> Click on Proceed






 
List of Documents-
  1. Personalized Cancelled cheque
  2. Latest 4 months' bank passbook
  3. Latest 4 months' bank statement
Note: 
  1. If IMPS verification is failed, then bank proof is required
  2. Details to be mentioned clearly like A/c holder name, Bank account No., IFSC, Bank name, Branch name, MICR Code.
  3. It will take 72 working hours to update subject to approval*
    • Related Articles

    • Process to Change/Manage Address

      To change or manage the address you need to follow the offline process as we have stopped accepting online requests from 1st January 2020. CLICK HERE to download the form and share it along with self-attested address proof by raising a ticket HERE ...
    • Can I remove/delete bank account from 5paisa Demat account?

      There is no option to remove the bank account from 5paisa. However, you may add another bank account with your 5paisa trading account. For more details, click here!
    • What is a Quarterly Settlement Payout Process?

      According to SEBI, if you have money in your trading account, it must be sent back to your primary bank account every three months. This is called "Quarterly Settlement of Funds" or "Running Account Settlement.” (Please refer to the SEBI's Circular- ...
    • New Process for applying in IPO

      You may apply for IPO via all the UPI Payments App like GPay, Paytm, etc and can download them from the Google Playstore & Apple Store.  Process on using "UPI as a payment option" UPI as part of the bidding The investor will fill in the bid details ...
    • How to Transfer the Funds from Bank A/c to Trading A/c?

      You can transfer funds through the following ways: Method 1: Net Banking If you wish to transfer funds from your bank A/c to your 5paisa trading A/c, you need to have a net banking facility activated. We have a payment gateway available for a list of ...