Which bank account do I use to invest in mutual funds through PhonePe?
You can use any bank account that you’ve linked on PhonePe to invest in mutual funds.
Important: As per regulations, you can only use a bank account that is registered under your name when investing in mutual funds through PhonePe. We verify this by matching the account holder’s name with the name displayed on the scanned copy of the PAN card you’ve shared with us or the documents you’ve submitted for KYC.
Learn more about which banks don’t support investments in mutual funds through PhonePe.