August 23, 2025

Filing your Income Tax Return (ITR) online is like winning half the battle — the other half is verifying your bank account to get your refund smoothly! Yes, verifying your bank details on the income tax portal is mandatory after filing your ITR. This step ensures your hard-earned tax refund lands safely in your pocket.

Did you know refunds are sent only to bank accounts that are pre-validated on the income tax portal? Not just adding your bank account, you can even remove closed or inactive accounts and fix any failed validations with ease!

Here’s what taxpayers with a valid PAN and bank account can do once they log in to the e-Filing portal:

• Add and pre-validate a bank account
• Remove closed or deactivated bank accounts
• Nominate one or more validated bank accounts to receive Income Tax refunds
• Remove nomination if you don’t want refunds sent to certain accounts
• Enable or disable EVC (Electronic Verification Code) for verified accounts (individual taxpayers only)
• Revalidate accounts when pre-validation fails

How to add and verify your bank account:

1. Go to the e-Filing portal and log in using your user ID and password.
2. Open the My Profile page from your Dashboard.
3. Click on My Bank Account.
4. Click Add Bank Account.
5. Enter your bank account number, pick the type of account and holder type, then enter the bank’s IFSC code. Your bank and branch name appear automatically!
6. Click Validate. If successful, you’ll see a confirmation and get a message on your registered mobile and email.

Why all this fuss about pre-validation? Only a pre-validated bank account can be nominated for your tax refund. Plus, it helps enable EVC, meaning smooth and secure e-verification for your ITR and other forms.

Got multiple bank accounts? No worries! You can pre-validate several and nominate more than one to receive refunds.

But hold on — if your bank’s registered mobile number or email changes, the portal will alert you with a warning symbol (!). To keep things smooth, update your contact details on the portal or with the bank and then revalidate.

So don’t delay! Add and verify your bank account on the income tax e-Filing portal today, and make sure your tax refund reaches you hassle-free. It’s a small step that makes a big difference in the refund race!

Read More at Economictimes →

Tags: Income tax return, Bank account verification, Itr refund, E-filing portal, Tax refund nomination,