No, you cannot link a corporate bank account to your personal Angel One trading or demat account. Only bank accounts that are in your own individual name are allowed. Corporate, company, partnership, or third-party bank accounts are not accepted for personal trading accounts.

Why corporate bank accounts are not allowed in personal profiles?

Angel One follows SEBI rules strictly. According to these rules, only bank accounts in the name of the person holding the trading account can be linked. Corporate or business accounts do not match the name of the individual, so they get rejected automatically. This helps to keep your account safe and avoid any misuse or confusion in transactions.

What if I have a corporate demat and trading account?

If you are opening a trading account for a company or firm, then you can link a corporate bank account. But in that case, the trading account must also be in the name of the company. You will need to submit company documents like PAN, registration certificate, board resolution, and KYC of directors. Only then corporate bank accounts will be accepted for trading and demat.

Which bank account is allowed for individual trading?

Only those bank accounts are allowed which are in your name and match your PAN details. You can link up to 5 personal bank accounts, but only one will be your primary account. This account will be used for withdrawals and refunds. Make sure the bank account has correct IFSC and account number to avoid rejections during linking.

What documents are needed to link a bank account?

To link a bank account, you need to upload a cancelled cheque or the first page of your bank passbook. The name on the document should match your Angel One profile. If your name is not printed, the bank statement with your name and account details can also be uploaded. After that, you need to e-sign using Aadhaar OTP to complete the process.

What happens if I try to link a corporate account by mistake?

If you try to link a corporate bank account with your personal trading profile, the request will fail. The name mismatch will be detected, and you’ll receive an error or rejection. To fix it, you must upload the correct personal bank details. If you're unsure, you can contact Angel One customer care for help. It is always best to double-check before linking.

FAQs on Bank Account Linking in Angel One

• Q: Can I add a bank account in my father’s name?
 A: No, it must be in your own name only.
• Q: How many accounts can I link?
 A: You can add up to 5 personal bank accounts.
• Q: Can I delete a wrong bank account later?
 A: Yes, you can request deletion by contacting support.
• Q: What if my name has initials in one and full in another?
 A: The system may reject it. Make sure both names match exactly.