(i) The bank account should be in the student's name (ii) Students have to choose their bank/branch name carefully from the drop-down list. (iii) Enter your bank account number. wrong IFSC Code can reject your registration. (iv) The bank account holder should check their 'Know Your Customer (KYC) status. (v) The bank account should be operational/active. (vi) The bank account should preferably be in any nationalized bank with a basic banking facility.