Bank Changes
Primary/Secondary bank changes
You can easily switch your primary bank account using either the Dhan app or website. Here’s how:
📱 On the Dhan App:
- Log in to the Dhan app.
- Tap "Money" > Go to "Bank".
- Select the bank you want to make primary.
- Tap "Set as Primary Bank".
- You’ll be redirected to the eSign page.
- Tick the checkbox after reading the terms.
- Enter your Aadhaar number and verify using the OTP sent to your Aadhaar-linked mobile number.
💻 On the Dhan Website:
- Log in at web.dhan.co.
- Click "Money" > Go to "Manage Bank".
- Choose the bank you wish to set as primary.
- Click "Set as Primary Bank".
- Tick the checkbox, enter your Aadhaar number, and complete verification with the OTP sent to your Aadhaar-linked mobile.
Once you initiate the primary bank change process, here’s everything you need to keep in mind:
🔄 When will the update reflect?
The primary bank update will reflect within 1 working day on the Dhan app, web, and your CMR (Client Master Report).
Example:
If you complete the request on Monday, 7th April, the new primary bank will be active and visible by Wednesday, 9th April.
💸 Are there any charges?
Yes, a fee of ₹25 + GST is charged for changing your primary bank. This amount is debited from your ledger when you begin the eSign process.
📝 Note: Until the update is fully completed, all transactions like fund transfers, dividends, or settlement credits will continue through your existing primary bank.
Example:
If your current primary bank is ICICI and you're switching to SBI, and both a settlement and your bank change request are processed on 15th April 2025, the funds will still be credited to ICICI. That’s because the new primary bank (SBI) will only become active on the next working day.
📝 Note: You can use both primary and secondary banks to add or withdraw funds. However, as per regulations, settlements (monthly/quarterly), dividends, and other credits will only be processed to your primary bank account linked to your Demat account.
Related FAQs

