Adding or Updating Bank Details in FYERS

How can I add or update bank account details in my FYERS account?

Adding a secondary bank account to your FYERS Trading account is straightforward. Here's a step-by-step guide:

  1. Navigate: Sign in to the 'My Account' Portal. Head to the ‘Manage Account’ section. Here, you'll see your current bank details. To add another, click on ‘Add New Bank(s)’.
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  1. Input Details: Provide the necessary bank details as prompted (refer to the indicated sections in the accompanying image):

  1. Penny Verification & Default Setting: A ₹1 credit will be sent to the account you're adding to confirm its authenticity. Set as Primary: If you wish to make this your primary bank, tick the checkbox 'Default Account' (as highlighted in the image).

  1. Enable Pop-ups: A confirmation pop-up will appear. Click 'Always allow' to proceed.
  1. E-sign: An e-sign page will manifest. Follow the steps, which include checking the document's details, then 'Proceed to sign'.
  1. Authentication: Check the details and click on 'Sign Now'. Input your Aadhaar number and click 'Send OTP'. 
  1. Completion: Enter in the OTP you receive on your registered mobile and hit 'Verify OTP'.

  1. Confirmation: Your request is now successfully submitted. 
  1. TAT: It'll take up to 48 working hours for your new bank details to be added.


Bank proof can be accepted are –

  1. Bank passbook with 6 months entry (Latest)
  2. Cancelled cheque leaf
  3. Latest 6 month bank account statement

Note: Your bank statement should clearly display your name, account number, IFSC, and MICR code. If updating incorrect bank details, add the correct ones as a new bank and set it as the 'Default Account'.


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