How to Add a Bank Account in Groww App?

If you're using the Groww app to invest in mutual funds or stocks, you must link your bank account. Whether it’s for SIPs (Systematic Investment Plans) or withdrawing profits, adding a bank account is the first step. This Blog will show you exactly how to add a bank account in the Groww App, even if you're doing it for the first time. It's simple, fast, and works whether you're using UPI or manual entry.

Steps to Add a Bank Account in the Groww App

Follow these steps to add a new or second bank account:

1. Open the Groww App (or visit the website)

2. Tap on the "Profile" icon (bottom right corner).

3. Go to “Bank & Mandates”.

4. Tap on “Add Another Bank”.

5. “Continue” and “Enter bank details manually” options will appear on your screen. Select one of them.

6. Tap “Continue” if you want to add an account through UPI.

7. Now tap “Enter bank details manually".

8. Now in the search bar, “Search your bank”.

9. Now tap on the bank that you want to add.

10. Enter the IFSC code or find it using your branch address.

11. Now enter “9-15 digit account number” and “re-enter account number”.

12. Tap on “Verify bank”.

13. And the bank verification is done by Groww by adding ₹1 to your account.

Once you’ve added another bank account, you can check if it’s linked by going to: Profile > Bank & Mandates. If the account was added successfully, you’ll see it listed there. Groww also lets you set any linked account as your primary bank. Just tap on the account and choose "Make Primary" if you want to use it for all future transactions.

Note:

If you add the bank using UPI, it gets linked instantly.
If you add it manually, it may take a little longer due to verification (usually a few hours).

Also, Check - How to Add Fund in Groww App

Can You Add Two Bank Accounts in Groww?

No, Groww allows only one active bank account at a time. You can change the bank, but you can't keep two linked accounts together. Here are some simple tricks. If you want to use two different bank accounts for different goals:

Create another Groww account using your spouse’s, sibling’s, or parent’s PAN
Link a different bank account to that account
Use one account for long-term investments (like retirement or kids’ education)
Use the other for short-term goals (like travel or an emergency fund)

This way, you can manage two bank accounts, just through two different Groww profiles.

Why Add or Change a Bank Account in Groww?

There are many practical reasons why you might want to update your bank details in the Groww app:

Your old bank charges high fees (For example, debit charges on every SIP transaction).
You opened a new zero-balance account, like Kotak 811, Airtel Payments Bank, or Jupiter, with no minimum balance needed.
You moved to a new city (And opened a local HDFC or ICICI branch account).
You want to use a different bank for SIPs, maybe your salary account has less balance, and you want SIPs to go from another account.

Changing your bank can help you save money and manage investments more smoothly.

Conclusion

In conclusion, now you know how to add a bank account in the Groww app, with or without UPI, and how to fix common issues. Once added, you can: Start SIPs, Buy mutual funds or stocks, or Withdraw your profits. No tension. Just link your account and start investing smartly.