How to Update Bank Account Details in GST Portal?

If you are a business owner in India, staying compliant with GST regulations is crucial. One such important aspect is keeping your bank account details up-to-date on the GST portal. Whether you have changed your bank account, opened a new one, or need to correct existing information, updating your bank details is necessary to avoid any issues in GST return filings or refunds. In this blog, we’ll walk you through the step-by-step process of updating your bank account details in the GST portal and why it's important as part of your overall GST registration and compliance journey.

Why is Updating Bank Details Important in GST?

When you complete your GST registration, you are required to provide valid bank account details. These are used for multiple purposes:

• Receiving GST refunds

• Validating your business identity

• Ensuring compliance during audits

• Avoiding notices from the GST department

Failure to update your bank account information can lead to delays in refunds and possible penalties during compliance checks. Therefore, keeping this information current is essential.

When Should You Update Bank Account Details?

You should update your bank account details in the following scenarios:

• Change of primary business bank account

• Opening a new account for business operations

• Errors or typos in previously submitted bank details

• Closure of an old bank account used during GST registration

• Transition to a different bank or branch

  
  

Prerequisites Before Updating Bank Account Details

Before you begin the process on the GST portal, ensure the following:

• You have an active GST registration.

• You have login credentials for the GST portal.

• Your new bank account is in the name of the business entity.

• You have a scanned copy of one of the following documents:

  • Cancelled cheque

  • Bank statement

  • Passbook’s first page (bearing the name, address, and account number)

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Step-by-Step Guide to Update Bank Account Details in GST Portal

Follow these simple steps to update your bank details online:

Step 1: Log in to the GST Portal

• Visit the official GST portal at www.gst.gov.in

• Click on “Login” at the top-right corner.

• Enter your credentials (Username, Password, and Captcha).

  
  

Step 2: Navigate to the Amendment Section

• Once logged in, go to Services > Registration > Amendment of Registration (Non-Core Fields).

• This section is used to update non-core fields such as bank details.

Note: Changes in core fields like business name or principal place of business require approval and follow a different process.

Step 3: Go to the Bank Accounts Tab

• Scroll down and find the “Bank Accounts” tab.

• Click ‘Edit’ to modify existing details or ‘Add New’ to insert a new bank account.

  
  

Step 4: Enter New Bank Details

You’ll be required to enter the following:

• Account Holder’s Name

• Account Number

• Account Type (Saving/Current)

• IFSC Code

• Bank Name and Branch

  
  

Step 5: Upload Supporting Document

Upload a scanned copy (PDF or JPEG) of the proof of bank account:

• Cancelled cheque leaf with business name printed

• First page of the passbook

• Bank statement showing the account number and business name

Make sure the file size is within the allowed limit (usually 100KB per document).

Step 6: Save and Proceed

• After entering the new details and uploading documents, click “Save and Continue.”

• Review all the details entered and ensure there are no errors.

  
  

Step 7: Submit with DSC/EVC

To authenticate the changes, you’ll need to submit the application using:

• Digital Signature Certificate (DSC) – mandatory for companies and LLPs

• Electronic Verification Code (EVC) – for other business types

Choose the appropriate option and complete the verification.

Step 8: ARN Generation and Acknowledgement

• Once submitted successfully, an Application Reference Number (ARN) is generated.

• You can track the status of your application using the ARN on the GST portal.

  
  

Processing Time and Approval

Typically, the update is approved automatically or within 7 working days, subject to document verification. You will be notified via email and SMS once your application is processed.

What If the Application is Rejected?

If your application is rejected, it could be due to:

• Incorrect or mismatched bank details

• Blurred or invalid documents

• Bank account not in the business’s name

In such cases:

• Carefully review the rejection reason

• Correct the errors

• Re-submit the application with proper documents

  
  

Tips for a Smooth Update Process

• Ensure your uploaded documents are clear and readable.

• Double-check the IFSC code and account number before submission.

• Keep a record of ARN and confirmation email for future reference.

• Make changes during non-peak hours to avoid portal slowdowns.

  
  

How Online Legal India Can Help

If you're unsure about the process or want to avoid mistakes, consider getting professional assistance. Online Legal India provides expert help for:

• GST registration and amendments

• Filing returns and claiming refunds

• Updating bank account and business details

• Legal consultation and compliance management

With our support, you can ensure your GST-related updates are done correctly and hassle-free.

Conclusion

Updating your bank account details in the GST portal is a simple yet vital step for maintaining GST compliance. Whether you're receiving refunds or handling high-volume transactions, having the correct bank details ensures smooth business operations. Remember, proper documentation and accurate information go a long way in avoiding unnecessary legal or financial issues.