How to change mutual fund bank account

To change your registered bank account in mutual funds, you can use online platforms like MF Central or the official website of the Asset Management Company (AMC). Alternatively, submit a physical Change of Bank Mandate form at an AMC branch or RTA service center. Mandatory documents include a cancelled cheque with your name printed, a bank statement, or a passbook copy for the new account. Note that for security, a cooling-off period of approximately 10 working days typically applies before redemption proceeds are sent to the updated account.