How to add a bank account in Phonepe

PhonePe is a digital payment and financial services platform in India. It offers a range of services, including mobile recharges, bill payments, and bank transfers.

PhonePe is available as a mobile app for Android and iOS devices and can be linked to a variety of bank accounts and payment methods.

Users can make payments and transfers using the app, and also earn rewards and discounts through various promotions and offers. PhonePe is owned by Flipkart, an Indian e-commerce company.

To add a bank account in PhonePe, you will need to follow these steps:

1. Open the PhonePe app: Open the PhonePe app on your smartphone or tablet.
2. Tap on the “My Money” tab: From the main menu, tap on the “My Money” tab.
3. Tap on “Add Bank Account”: From the “My Money” page, tap on the “Add Bank Account” button.
4. Select your bank: From the list of banks, select the bank that you want to add to your PhonePe account.
5. Enter your bank details: Enter your bank account number and IFSC code, and then tap on the “Continue” button.
6. Verify your bank account: PhonePe will send an OTP (one-time password) to your registered mobile number. Enter the OTP and tap on the “Verify” button to confirm your bank account.
7. Wait for your bank account to be added: PhonePe will process your request and add your bank account to your PhonePe account. This may take a few minutes or up to 24 hours, depending on your bank’s processing time.
8. Confirm account addition: Once your bank account has been added, you will receive a notification confirming the addition of your bank account. You can now use your bank account to make payments and transfers through PhonePe.