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How to change the PIS account linked with Zerodha?

To change the PIS account linked with Zerodha, follow these steps:

  1. Initiate the PIS account closure with the existing bank and procure the No Objection Certificate (NOC).
  2. Submit the NOC with any of the Zerodha partnered banks (IDFC First, Yes bank, Axis, HDFC or IndusInd bank) to open a PIS account. Request the bank to update the holding details in the PIS ledger before initiating any sell trade.
  3. Courier the account modification form (PDF) , the self-attested new PIS letter and the self-attested NRE or NRO bank details to the following address:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078.

The new PIS account will be linked within 72 working hours, and Zerodha will send a confirmation email. ₹25 + GST is charged for this change.