Linking a bank account correctly is essential for smooth withdrawals. Here’s the typical step-by-step process.
Step-by-Step Bank Linking Process
- Go to the wallet or withdrawal section of the app and select “Add Bank Account.”
- Enter your account number, IFSC code, and account holder name carefully.
- Some apps verify the account with a small penny-drop transaction to confirm it’s active and correctly entered.
- Once verified, the account appears as an available withdrawal destination.
Why the Name Must Match Your KYC
Withdrawal accounts must be registered in the same name as your verified KYC identity — this is a standard anti-fraud measure across the category, not specific to any one app. A mismatched name is one of the most common reasons a bank link gets rejected.
Common Linking Errors
- Incorrect IFSC code — double-check against your bank passbook or official bank app.
- Using a joint account not solely in your name.
- Typos in the account number — small errors can cause failed transfers.
See our KYC verification guide for the identity verification step that must be completed alongside bank linking, and Withdrawal Delays: Common Causes if a linked account still causes payout issues.
FAQ
Can I link more than one bank account?
Some apps allow multiple linked accounts while others restrict you to one at a time — check the specific app’s settings.
What if my bank account name has a slight spelling difference from my PAN?
This can cause verification issues — ensure your bank account name matches your KYC documents as closely as possible, and contact support if a genuine minor discrepancy exists.
Is linking a bank account free?
Yes, linking itself typically doesn’t carry a fee, though standard bank transfer charges may apply depending on your bank.
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