If you are struggling to find the answer to How to Change a Bank Account in Zerodha? Then you are in the right place. In this article, we are gonna take you through the steps on How to Change a Bank Account in Zerodha. Apart from this we are also discussing some other related questions that will help you know everything about this topic.
Zerodha Kite is an online investment and trading platform that is built for modern times and sensibilities. It was founded by Nithin Kamal in 2010. Nowadays Zerodha changed the landscape of the Indian broking industry.
In Zerodha you can add up to three bank accounts. However, if you are facing any problem with your bank account or want a different bank account in the Zerodha app then you can easily do it by following our these steps.
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How to Change a Bank Account in Zerodha?
- Turn on your device open the Zerodha Kite website and log in by using your ID password.
- Once logged in go to the account section at the bottom right corner of your device screen and select the profile option.
- Selecting your profile sanction your detailed profile will be open now go to the manage account sanction.
- After opening the manage Account page find an arrow option [>] which is located at the left side of your device screen.
- After that, you will see a Menu page where you have to select the “Bank” option.
- Now you can see all your bank details. There you will get an option “Edit” to modify your bank account if you want to and “Add Bank Account” to add a new bank account. If you want a new bank account then click on the Abb Bank Account.
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- After that enter your required bank details like Account number, and IFSC Code select your preferred option to receive the OTP then click on Send OTP.
- enter the OTP in the OTP box and click on the verify option.
- Your bank account has been successfully verified and your bank account will be activated within 48 working hours.
- You can select the Bank account as your Primary Bank account once verified. After that, you can also deactivate or delete an old bank account.
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How to delete an old bank account in Zerodha?
If you want to delete your linked bank account from Zerodha for any personal reasons then you can follow these easy steps.
Step by Step guide on how to delete a bank account from Zerodha:
- Open the Zerodha website and log in with your ID password.
- Once logged in, click on the “Account” section.
- After clicking on the Account section, find the option console and click on it.
- Select any option on the console sanction for example “Portfolio”.
- After that, a page will be opened in the browser. on this page click on the three-line bar at the top right corner of your device screen and go to the “My Account” section.
- After that a format will be open in front of you on this format select the arrow option [>] and go to “Bank” sanction.
- Now you can see all linked bank accounts, select the bank account which you want to delete and click the Bin Icon beside the bank account.
- Once you click the Bin Icon select your preferred option to receive OTP and enter the OTP on the OTP box then click on the verify option.
- Finally, you will get a message that your bank account has been successfully deleted.
FAQs: How to Change Bank Account in Zerodha
Yes, you can use more than one bank account in Zerodha account. that is, you can use one primary bank account and two secondary accounts for adding funds and withdrawing funds.
You can add up to 3 bank accounts in your Zerodha account.
There is no limit on the amount of money you can transfer from Zerodha to your bank account.
No there isn’t any minimum withdrawal limit in Zerodha.
Conclusion
In this article, I explain the complete process of How to Change a Bank Account in Zerodha and discuss some more questions about this topic which you can follow to know more about this topic. Zerodha does not provide any direct option to change your bank option but we provide you a way how you can change your bank account on it.
I hope this article is very helpful for you. If you have any questions about this topic then you can comment below. We will try our best to provide you with the best answer.
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