How to add a bank account to your FYERS account?

How to add a bank account to your FYERS account?

Adding a secondary bank account to your FYERS trading account is simple. You can do this using the UPI method (faster) or via IFSC-based verification. Only bank accounts held in your name are eligible.

Add a bank account via UPI

On FYERS App

  1. Open the FYERS App and log in.
  2. Tap on Funds available on the home screen.
  3. Tap on Banks.
  4. Tap Add New Bank.
  5. Choose the UPI option.
  6. A QR code will be shown on the screen.
  7. Open a UPI app on your phone and scan the QR code.
  8. Transfer ₹1 to verify the account.
  9. Once confirmed, the bank will be added to your profile.

On FYERS Web

  1. Log in to the FYERS Web.
  2. Click the Wallet (Funds) icon on the left panel.
  3. Select Banks from the menu.
  4. Click Add New Bank.
  5. Choose the UPI tab.
  6. A QR code will be displayed on the screen.
  7. Open a supported UPI app (Paytm, Google Pay, PhonePe, Amazon Pay, etc.).
  8. Scan the QR code and transfer ₹1 to verify the account.
  9. After a successful verification, the new bank will appear under Manage Bank Accounts.
UPI Lite is not supported for QR scanning. Please use a full-featured UPI app.

Add a bank account via IFSC

On FYERS App

  1. In Funds available → Banks, tap Add New Bank.
  2. Select the IFSC tab.
  3. Enter your Account Number (twice) and IFSC Code.
  4. Tap Confirm.
  5. ₹1 will be credited by FYERS for verification.
  6. After successful verification, the account will be listed under Manage Bank Accounts.

On FYERS Web

  1. From the Banks section, click Add New Bank.
  2. Select the IFSC tab.
  3. Enter your Account Number (twice) and IFSC Code.
  4. Click Confirm.
  5. FYERS will credit ₹1 to your bank account for verification.
  6. Once verified, the account will appear under Manage Bank Accounts.
Always add a bank account registered in your own name. Transfers from third-party or unregistered accounts will be rejected.

What if…

ScenarioWhat you can do
UPI QR scan failsTry again with a supported UPI app and ensure UPI Lite is turned off.
₹1 verification credit doesn’t appearWait a few minutes or retry the linking process.
You want to change your Primary bankOnce added and verified, you can set any linked account as Primary.

Last updated: 21 Aug 2025

    • Related Articles

    • Can I Deposit Funds From an Unregistered Bank Account to FYERS?

      No, you cannot. As per SEBI regulations, FYERS does not permit fund transfers from bank accounts that are not registered with your trading account. This restriction ensures all fund inflows are traceable and securely linked to your verified identity. ...

    • How to set a bank as Primary in your FYERS account?

      To ensure smooth fund withdrawals and dividend credits, you can designate any of your verified bank accounts as your Primary Bank in FYERS. This becomes the default account for all payouts. Steps to set a Primary bank on FYERS App Open the FYERS App ...

    • What types of bank accounts can I link to my FYERS account?

      When setting up your FYERS trading and Demat account, you must link an eligible bank account to enable seamless deposits and withdrawals while complying with SEBI rules. Eligible bank account types You can link the following account types: Savings ...

    • How to add funds to your FYERS account using the app or web?

      Adding funds to your FYERS trading account is simple and secure. You can use UPI for fast transfers via both the FYERS App and web platform. This guide walks you through each step. Steps to Add Funds via UPI Log in to your FYERS account at ...

    • How to deactivate a bank account in your FYERS account?

      If you no longer intend to use a particular bank account for trading-related transactions, you can deactivate it from your FYERS profile. This ensures only active and preferred accounts are available for deposits and withdrawals. Steps to deactivate ...