What does the error "Failed to convert account type to 3-in-1" mean when converting a Zerodha account to Zerodha IDFC FIRST 3-in-1 account?
Due to technical changes being made by IDFC FIRST Bank, requests to convert the Zerodha account to a 3-in-1 account are on hold. However, clients can still transfer funds from their IDFC FIRST Bank accounts using UPI and netbanking.
The error Failed to convert account type to 3-in-1, is shown while converting a regular Zerodha account to a Zerodha IDFC FIRST account in the following cases:
- If the PAN number is not updated in the IDFC First Bank 3-in-1. To update the PAN details through internet banking, visit idfcfirstbank.com/personal-banking/ways-to-bank/internet-banking-services.
If the primary holder on the Zerodha account and the IDFC First Bank account differ.