All registered taxpayers having valid PAN and valid bank account on e-filing portal (after login) can use My Bank Account service. You can use this service to do the following:
- Add a bank account and pre-verify it
- Delete closed or inactive bank account
- Enroll a valid bank account to receive income tax refund
- Remove a bank account from enrollment so that the account does not receive a tax refund
- Enable or disable EVC for valid bank account (Only for individual taxpayers)
- Re-verify bank accounts for which pre-verification has failed
How to add bank account and pre-validate for refund
Step 1: Step 1: Log in to the e-filing portal using your User ID and Password.
Step 2: From the Dashboard, go to the My Profile page.
Step 3: Click on My Bank Account.
Note: Added, Failed and Removed Bank Accounts tab will be displayed on My Bank Accounts page.
Step 4: Click on Add and Pre-Validate a Bank Account
Step 5: On the Add bank account screen, fill in the bank account number, account type and holder type, as well as the IFSC. On the basis of IFSC, bank name and branch is auto-populated. Your mobile number and email address will be pre-populated from your e-filing profile and cannot be changed.
Step 6: Click on Validate.
On successful validation, a success message is displayed. You will also receive a message on your mobile number and email ID registered on the e-filing portal.
After the verification is successful, the taxpayer can nominate the bank account for the refund. Note: While filing ITR, if the user has a bank account with ‘Validation in progress’ status, he can be enrolled for refund and ITR can be filed without waiting for confirmation. However, the refund, if any, will be credited only after verification is done by the bank.
How to Enroll/Select Bank Account for Refund
Step 1: Step 1: Log in to the e-filing portal using your User ID and Password.
Step 2: From the Dashboard, go to the My Profile page.
Step 3: Click on My Bank Account.
Step 4: Click on Nomine for refund or to do so switch for the bank account you wish to nominate for refund.
Step 5: Click on Continue to confirm that you want to enroll the selected bank account.
If successful, the switch will move to the right.
How to delete bank account from enrollment with refund
Step 1: Log in to the e-filing portal using your User ID and Password.
Step 2: From the Dashboard, go to the My Profile page.
Step 3: Click on My Bank Account.
Step 4: Click on Enroll for Refund or Switch for the bank account (it will be on the right side) which you want to remove from enrollment to remove from being considered for refund.
Step 5: To delete the enrollment of the chosen bank account, click on continue to confirm your decision.
If successful, the switch will move to the left.