How to add Bank Account in your Trading Account
Your Bank Account is captured in Demat Account and also in Trading Account.
Change in Demat Account
Demat account can have only one Bank Account at a time. The sole purpose of Bank Account linked to Demat Account is to receive dividend and other corporate cash benefits from the company, whose shares and securities are held in your account.
Change in Demat Account can be done through one-page Modification form along with a copy of the cancelled cheque. In case you want to change Bank Account in Demat Account, Please download
Bank Account Modification Form or visit our website www.prostocks.com then go to support menu and then go to download menu and then go to change request form menu and select Bank Account Modification Form.
Trading Account
Trading Account can have multiple Bank Accounts for receiving funds from your bank account to your Trading Account with us. You need to select one Bank account (Primary Bank Account) where you would like to have funds payout from us.
For the addition of Bank Account or for making new Bank account as primary Bank account for funds payout, email from registered email id along with scan image of cheque, where your name is pre-printed is required.
In case Name is not pre-printed on the cheque, then Bank Statement, not older than two months, where your Name, Account Number, IFSC code and address is mentioned is required.