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How to Change Bank Account in Axis Direct Form

How to Change Bank Account in Axis Direct Form

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How to change bank account in Axis Direct

Changing your bank account in Axis Direct involves a straightforward process. To initiate this change, you will need to fill out the appropriate forms provided by Axis Bank. This includes the Axis Direct modification form, which allows you to update your banking details linked to your trading account. Ensure that you have your new bank account details ready, including the account number and IFSC code, as these will be required during the process.

Steps to complete the bank account change in Axis Direct

To successfully change your bank account in Axis Direct, follow these steps:

  1. Log in to your Axis Direct account using your credentials.
  2. Navigate to the 'Profile' or 'Account Settings' section.
  3. Select the option for 'Change Bank Account' or 'Modify Bank Details.'
  4. Fill out the Axis Direct modification form with your new bank account information.
  5. Submit the form electronically, or print it out and send it to the designated Axis Bank address if required.
  6. Wait for confirmation from Axis Direct regarding the successful update of your bank account.

Required documents for changing your bank account

When changing your bank account in Axis Direct, you may need to provide certain documents to verify your identity and the new bank account. Commonly required documents include:

  • A government-issued photo ID (e.g., driver's license, passport).
  • Proof of address (e.g., utility bill, lease agreement).
  • Cancelled cheque or bank statement from the new bank account.

Legal use of the Axis Direct modification form

The Axis Direct modification form is legally binding once completed and submitted according to the bank's guidelines. It is essential to ensure that all information provided is accurate and up-to-date, as any discrepancies may delay the processing of your request. Additionally, the form must be signed by the account holder to validate the changes.

Form submission methods for Axis Direct

You can submit the Axis Direct modification form through various methods, depending on your preference:

  • Online Submission: Log in to your Axis Direct account and submit the form electronically.
  • Mail Submission: Print the completed form and send it to the designated Axis Bank address.
  • In-Person Submission: Visit your nearest Axis Bank branch and submit the form directly to a bank representative.

Examples of using the Axis Direct modification form

There are several scenarios where you might need to use the Axis Direct modification form:

  • If you have changed your bank account due to switching jobs or relocating.
  • When you want to link a different bank account for trading purposes.
  • If your previous bank account has been closed or is no longer operational.

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