Taxpayers will receive their income tax refund only if their bank account is linked with their PAN (Permanent Account Number). For this purpose, they should pre-validate the bank account under the income tax e-filing page.
Procedure to Pre-validate bank account
Step 1: Login to e-filing portal
Step 2: Upon logging in successfully, click on ‘Profile Settings’ and choose ‘Pre-validate Your Bank Account’ option.
Step 3: Now, enter your bank account details such as account number, IFSC, bank name, and contact details. The PAN, name, mobile number, and email address provided with your bank account must match with that of those of your bank account to pre-validate successfully. Hence, it is essential to keep in mind to link or update your PAN with your bank before pre-validating your bank account details under the e-filing portal.
Step 4: Click on ‘Pre-validate’ button, you will be redirected to a screen that says, “Your request for pre-validating bank account is submitted. Status of your request will be sent to your registered email ID and mobile number.”