How to change the PIS account linked with Zerodha?
To change the PIS account linked with Zerodha, follow these steps:
- Initiate the PIS account closure with the existing bank and procure the No Objection Certificate (NOC).
- 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.
- Courier the account modification form (PDF) , the new PIS letter and the NRE or NRO bank details to the following address:
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.