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How to change bank account in Zerodha?

The bank account linked to Zerodha Trading and Demat account can be modified by submitting an account modification request. This request has to be submitted offline (signed paper form). Zerodha doesn't offer online account modification i.e. changing the linked bank account facility.

Steps to change bank account in Zerodha:

  1. Go to Zerodha.com
  2. Click on 'Downloads & resources' link in the footer 'Support' section
  3. Download 'Account modification form' from the 'Change request forms' section.
  4. Print and fill the form.
  5. Add proof of the new bank account*.
  6. Send the form to the Zerodha office in Bangalore.

* The accepted bank proof is any one of the documents like:

  • Canceled cheque (name must be printed on the cheque)
  • Bank statement (with IFSC Code and MICR No.) (printed self-attested copy)
  • Bank passbook (self-attested photocopy)

Note:

  • Rs 25 will be charged for the modification.
  • Once the form is received, it takes 1 working day to update.

 

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