Kindly keep any one of the following documents handy as they are required as bank proof to change/add a new bank account on Upstox.
- CANCELLED CHEQUE
Cheque should contain a/c number, a/c holder name, IFSC & MICR code. Cancelled cheque should be self-attested.
- BANK STATEMENT
The bank statement must have the following:
- Bank's logo or stamp on it.
- Your name.
- Bank name.
- Bank account number.
- IFSC Code.
- MICR Code.
Please Note.
- It must be the latest bank statement.
- A mini statement or m-banking statement will not be accepted.
- We don't accept NRI banks on individual resident accounts as bank proof.
- PASSBOOK
- Passbook with front page which should have all the four details with the stamp/ logo of the bank.
- It must have your name, bank name, bank account number, IFSC Code, and MICR Code.
- PAYMENT BANK : You can also link a Payments Bank to Upstox.
To link them you need to submit cancelled cheques, bank statements and passbooks from the following Payments Bank.
- Airtel Payment Bank.
- India Post Payment Bank.
- Jio Payment Bank. .
- NSDL Payment Bank.
Please Note
- The instructions mentioned above for cancelled cheques, bank statements and passbooks from traditional banks also apply on any proof you upload from Payment banks.
- In case you are submitting proof from a Payments Bank as Income Proof, you need to also provide a 6 months statement along with transaction details.
- Ensure the submitted documents are not password protected. If any of the above documents are invalid, it will be rejected and you will be notified to reupload the correct ones.
- Once you submit your request for adding a new bank account, our team will verify the details. If everything looks alright, your new bank account will be added within 24 - 48 working hours . You will also receive email/ SMS from our end confirming this.