To update the bank linked to Mutual Fund Folios, You can follow the below steps.
- Visit MF Central
- Log in with your PAN Number
- Navigate to “Submit Service Requests” and select “Change Bank Account Details.”
- Choose your ‘Folio’ from the list
- Enter your new bank details
- Upload a copy of your cheque & Confirm the request by entering the OTP Bank details will be updated within 2-3 working days
Note : If the Portfolio value is above 10 Lac the Bank update request cannnot be done Online. You can reach out to help@dhan.co for the complete steps.