How to Pre-validate Bank Account for Receiving Income Tax Refund?

If your bank account is not pre-validated on the income tax portal, you will not receive your outstanding income tax refund because tax refunds are only credited to bank accounts that are linked with a PAN and are also pre-validated on the Income Tax e-filing website. You can easily check whether your bank account is pre-validated or not with the new income tax return filing website. Here is how to pre-validate bank account.

How to check that your bank account is pre-validated?

• Access your Income Tax Portal account.
• Select My Bank Account after clicking on My Profile.
• You will see pre-validated bank accounts on the screen. The bank account that has been designated to receive an income tax refund on your behalf will also be displayed.

How to pre-validate your bank account?

Step 1: Go to www.incometax.gov.in to access the income tax e-filing portal.

Step 2: Select 'Login' and enter your login information (Individuals can choose PAN or Aadhaar for logging in).

Step 3: After successfully logging in, navigate to 'My Profile' and select 'My Bank Account' from the left pane.

Step 4: Click the 'Add Bank Account' button to proceed.

Step 5: Enter your bank account number, account type, account holder type, IFSC code, bank name, and bank branch information. To successfully pre-validate, the PAN, name, mobile number, and email address provided with your bank account must match those of your bank account. As a result, it is critical to remember to link or update your PAN with your bank before pre-validating.

How to Check status of your Pre-validation request

• Access the income tax e-filing website.
• Select 'My Bank Account' from the 'Profile Settings' tab and then the status of your request will be displayed.
• If the bank account validation fails, the information will be displayed.
• You should also be aware that changing your mobile number or email address requires revalidation from the bank.

FAQS

Why is it necessary for me to pre-validate my bank account(s)?

To receive an income tax refund, only a pre-validated bank account can be nominated. Furthermore, an individual taxpayer may use a pre-validated bank account to enable EVC (electronic verification code) for e-Verification purposes. e-Verification can be used for Income Tax Returns and other Forms, e-Proceedings, Refund Reissue, Password Reset, and secure login to an e-Filing account.

How can I tell if the pre-validation was successful?

The validation request's status will be sent to the mobile number and email address you registered with the e-Filing portal. If the validation fails, the information is shown under Failed Bank Accounts. In the event of a failed bank pre-validation, failed bank accounts can be re-submitted for validation: In the Failed Bank Accounts section, click Re-Validate for the bank and the account with the status 'Validation in progress.'

What happens if I change my registered mobile number / email ID with the bank, which I have already pre-validated?

In this case, a warning symbol will appear next to your mismatched contact details (mobile number / email ID) in the Added Bank Accounts section. If you want to EVC-enable that bank account, you must update your contact information on the e-Filing portal to match the information you have on file with the bank, or update the mobile/email at the bank's end to match your e-filing registered primary mobile/email. Revalidate your bank account once the details have been updated.

How long does it take to pre-validate my bank account after I submit my information?

The pre-validation procedure is fully automated. Your request is sent to your bank once it is submitted. Within 10 - 12 working days, the validation status is updated in your e-Filing account.