How To Add a New Bank Account in FYERS?

If you are using FYERS to trade, you must link your bank account to add and withdraw funds. This ensures your money moves safely between your bank and trading account. Whether you want to add a new bank account, change your existing one, or link a secondary bank, this blog will show you how to add a new bank account in FYERS

Steps to Add a New Bank Account in Fyers

Here are the steps to add a new bank account in Fyer:

Open the Fyers app.

Tap on the “Profile icon”.

Tap on the “Bank details”.

Now tap on “Add new Bank”.

Choose between “UPI and IFSC” and then tap on the “Continue” button

And then “deposit 1 rupee”, for confirmation.

Can You Add More Than One Bank Account?

Yes, FYERS allows you to add two bank accounts:

1 primary bank account: This is where your withdrawal money (profits, refunds) will go.
1 secondary bank account: You can use this only to add funds to your FYERS trading account.

Note: All withdrawals will always go to your primary bank account only.

Important Points to Remember

The bank account must be in your name: FYERS will not accept accounts in someone else’s name.
Upload clear and proper documents: Make sure your cheque, passbook, or statement is not blurry or cropped.
Double-check your IFSC code: A wrong IFSC will delay the process or cause rejection.

Why Your Request Can Fail?

Your bank account link request in FYERS may fail if:

You uploaded the wrong document: For example, don’t upload a selfie holding your bank card or a screenshot.
The IFSC code is wrong: Always double-check your IFSC code.
Your document is unclear: Blurry or cropped files will get rejected.

Also Check: How to Place GTT Order in Fyers?

Conclusion

In conclusion, adding a new bank account in FYERS is simple. Just fill in your details correctly, upload a clear document, and your bank will be linked in 1-2 days. Make sure your name matches and your IFSC is correct to avoid delays.

About the Author

Saniya

I'm a finance content writer with a BBA in FinTech, passionate about simplifying money matters for everyday Indians. I break down complex topics like investments, savings, and digital finance into easy, relatable content. My goal is to help you in a way that’s easy to understand, jargon-free, and actually useful in real life.

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