What is the Procedure for Adding a Bank Account?
To add a bank account to your 5Paisa account, follow the detailed instructions for both the mobile app and the website. Ensure you have the necessary documents ready for a smooth process.
Adding a Bank Account Through the 5Paisa App
1. Login: Open the 5Paisa app on your mobile device and log in using your credentials.
2. Navigate to User Settings: Tap on the ‘User’ icon to access your account settings.
3. Access My Profile: Select ‘My Profile’ in the User section.
4. Manage Bank Details: In your profile, tap ‘Manage’ and then select ‘Bank Details’.
5. Add a New Bank: Click on ‘Add Bank’.
6. Enter Bank Information: Input your bank account number and the IFSC code.
7. Proceed: After entering the required information, click ‘Proceed’ to submit your request.
Adding a Bank Account Through the 5Paisa Website
1. Login: Go to the 5Paisa website and log in to your account.
2. Access Profile Settings: On the right side of the homepage, click on the profile icon.
3. Profile Management: Select ‘Profile’ from the dropdown menu, then click on ‘My Profile’.
4. Bank Details: In the profile section, navigate to ‘Bank Details’.
5. Add Bank: Click on ‘Add Bank’ to enter your new bank account information.
6. Enter Required Information: Fill in your bank account number and IFSC code.
7. Proceed: Click on ‘Proceed’ to complete the addition of your bank account.
Required Documents for Bank Addition
To ensure a successful bank account addition, please have the following documents ready:
Personalised Cancelled Cheque: Ensure the cheque clearly shows your name as the account holder.
Latest 4 Months' Bank Passbook: Provide a copy of your passbook showing transactions for the last four months.
Latest 4 Months' Bank Statement: Alternatively, you can submit a bank statement for the previous four months.
Important Notes
IMPS Verification: If the Immediate Payment Service (IMPS) verification fails, you will need to provide additional bank proof.
Details: Ensure that the documents clearly display the following details: Account Holder’s Name, Bank Account Number, IFSC Code, Bank Name, Branch Name, and MICR Code.
Processing Time: The processing time to update your bank details is approximately 72 working hours, subject to approval.
By
following these steps and providing the necessary documentation, you can
seamlessly add a new bank account to your 5Paisa profile. This will ensure that
your banking details are up-to-date, allowing for smooth financial transactions
and management within your 5Paisa account. If you encounter any issues or need
further assistance, feel free to contact 5Paisa customer support for help.
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