How to Link Bank Account with Demat Account – Step-by-Step Guide 2025

How to Link Your Bank Account with a Demat Account

Linking your bank account with your Demat account is a crucial step in enabling smooth fund transfers, applying for IPOs, and receiving dividends. It ensures secure and seamless movement of money between your trading platform and your bank.

In this blog, we explain why it’s important, how to link your bank account, and how One Solution makes the process effortless.

Why Is Bank Linking Important?

• Trade Settlement: Enables buying/selling of securities with automatic debit/credit of funds

• IPO Applications: Required for applying via UPI or ASBA

• Dividend Credits: Ensures direct credit of earnings into your account

• Prevents Fraud: Bank verification ensures that only the registered user can operate the account

When Do You Link a Bank Account?

• While opening a Demat + Trading account (initial linking)

• During a bank change or adding a new secondary account (post-opening)

How to Link Your Bank Account While Opening a Demat Account

Step 1: Provide Bank Details in the Application

Fill in:

• Account holder name

• Account number

• IFSC code

• Bank name and branch

Step 2: Upload Proof of Bank

Choose any one:

• Cancelled cheque (with name printed)

• Bank statement (last 3 months)

• Passbook copy (with IFSC, MICR, and name)

Step 3: Verification and Linking

The broker verifies the documents. Once verified, your bank is linked and ready to use.

How to Add or Change Bank Account After Account Opening

If you’ve already opened a Demat account and want to change or add a new bank account:

Offline Method:

1. Download the Bank Modification Form from your broker

2. Fill in the new bank details

3. Attach self-attested proof (cheque/passbook)

4. Submit physically or via courier

Online Method (If broker allows):

1. Log in to your Demat account portal

2. Navigate to the “Bank Details” or “Profile” section

3. Add new account and upload bank proof

4. Verify via OTP or e-sign

How One Solution Makes It Easy

At One Solution, we offer:

• 100% online bank linking during onboarding

• Fast verification of uploaded documents

• Support for multiple bank accounts

• Assistance with bank change requests

• Guidance for IPO and dividend-related setups

Key Tips

• Ensure your name matches exactly across PAN, bank, and Demat account

• Use a bank account that supports UPI for IPO applications

• Always double-check your IFSC and account number before submission

Final Thoughts

Bank account linking is a basic yet critical step in managing your Demat account. It ensures that your trades, dividends, and investments are settled smoothly and securely. With One Solution, you can link your bank account in minutes—completely online and hassle-free.

Open your free Demat account with One Solution and link your bank effortlessly today.