Changed Your Salary Bank Account? Here’s an Easy Step-by-Step Guide

Kokila Chokkanathan
Switching your salary bank account can seem complicated, but with the right steps, you can ensure that your salary credits continue without disruption. This guide will help you update your bank account with your employer or HR department seamlessly.

Step 1: Open a New bank Account (if not done already)

  • Choose a bank that suits your needs (benefits, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital access, branch availability).
  • Complete KYC formalities: Aadhaar, PAN, and address proof.
  • Ensure the account is activated and ready to receive credits.
Step 2: Collect Required Details for Salary Update

Keep the following ready for your employer:

  • Bank name and branch
  • IFSC code (Indian Financial System Code)
  • Account number
  • Account type (Savings/Current)
Some organizations may also ask for a cancelled cheque or a bank verification letter.

Step 3: Inform Your Employer/HR Department

  • Submit a written request to the HR/payroll department.
  • Attach any required documents such as a cancelled cheque or account statement.
  • Fill out any internal bank update forms provided by your company.
Step 4: Update in Payroll System

  • HR/payroll will update your new bank account in the salary system.
  • Verify the update before the next payroll cycle to ensure your salary goes to the new account.
  • Some companies may take 1–2 payroll cycles to fully reflect the change.
Step 5: Monitor the First Salary Credit

  • Check your new account on the salary credit date.
  • If there is a delay or error, immediately notify HR/payroll.
  • Keep the old account active temporarily until the first salary is successfully credited to the new account.
Tips for a Smooth Transition

  • Avoid closing the old account too early.
  • Ensure your tax and PF details are updated with the new bank if required.
  • Keep a record of the submission for reference in case of delays.
Conclusion

Changing your salary bank account is straightforward if you follow the right steps. Proper documentation, clear communication with HR, and monitoring your first salary credit will ensure a smooth transition without missing payments.

 

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

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