How Can a PIS Account Be Mapped With Zerodha?
Use the following steps below to map a PIS account at one of Zerodha’s affiliated banks:
Step 1: Axis Bank: Zerodha will work with the bank to map it after you create a ticket and include a signed copy of the Letter Of Authority (LOA) (PDF).
Step 2: Yes Bank: Get the Broker Code: ZEDA01 updated by visiting the bank office, or open a ticket and attach a signed copy of the debit instruction (PDF) and the Letter Of Authority (LOA) (PDF). In order to map it, Zerodha will collaborate with the bank.
Step 3: HDFC Bank:
- To guarantee a prompt reflection of the NRE PIS account balance in the Zerodha account, use the HDFC Bank E-Net form (PDF). The PIS account balance will be automatically updated and sent to Zerodha.
- Debit Authority: To amend the registered broker in the authorized bank records, fill out the Debit Authorization Form (PDF).
- Sweep-in Statement: In the event that there is insufficient money in the PIS account, the bank is authorized to debit the NRE or NRO account by using the Sweep-in Declaration (PDF).