CoinDCX Guide / Bank Account Verification


The Bank Verification on CoinDCX is a completely automated process. Please follow the following steps to complete the verification:
  1. Click on the profile icon on the top right corner of the screen.
  2. Click on ‘Verify Bank Details’.
  3. You will be redirected to a new screen where you have to enter your name and other bank details. 
  4. You will be asked to confirm your bank details with a penny drop. A small unit of currency will be deposited and withdrawn from your bank account to test and verify the bank account. 
  5. A 12 digit UTR number will be sent to your mobile. Enter the UTR number and click on submit. 
Your Bank Details will be verified instantaneously on the portal. In case the automated process doesn’t work, you need to follow the manual bank verification process. In order to complete manual Bank Verification, you need to upload his / her self-attested bank details as listed below, Latest Bank Statement with clear Name, IFSC Code and Bank Account Number or
    • A cancelled cheque or 
    • Bank Passbook 
If any of these details are missed; the Bank Verification fails, we will notify you with the reasons for the failure. You have to reinitiate the process. Please make sure the mentioned shortcoming with other requirements are fulfilled in your attempt. Your bank details will be verified within 24 hours. Here are the steps you need to follow:
  1. Login using the button on the top right-hand side of the homescreen or directly at
  2. Click on the top right profile icon on the screen and click on ‘Profile’
  3. Click on Bank Details, and then click on ADD BANK DETAILS.
  4. Add all the necessary account details in the boxes below. 
  5. You have to upload an image of your Banking document which clearly displays your Name, Bank Account Number, and Bank IFSC Code. After uploading the image, click on SEND OTP.
  6. You will be asked to enter the OTP as the final step of the verification. Enter the OTP and click on SUBMIT button. 
Your details will be submitted to our Support team. It can take less than 24 hours for the Support team to verify the details. We will notify you once the Bank Account is verified. You can then deposit funds directly from your Bank Account to your CoinDCX’s INR wallet.