Before you can deposit or withdraw funds on Fedhabit, you'll need to link and verify a bank account in your name. This ensures deposits and withdrawals go to and from the correct account and keeps your funds secure.
How to verify your bank account:
1. Go to your account settings and select "Bank Account."
2. Enter your bank account number and IFSC code.
3. Make sure the account is in your own name, matching your KYC details. Third-party accounts cannot be linked.
4. Submit for verification.
5. Once verified, your bank account will be linked and ready to use for deposits and withdrawals.
Why this matters:
Bank verification is a one-time step required by regulation and helps prevent fraud. It also ensures your withdrawals are processed smoothly without delays.
Common issues:
- Account name doesn't match your KYC details
- Incorrect IFSC code or account number
- Using a joint account or an account not in your name
If your bank verification fails, you'll be notified with the reason and can resubmit corrected details.
Need help? Reach out to support at support@fedhabit.in.
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