Your primary bank account is the main bank account linked to your Lakshmishree (Shree Varahi) trading and demat account. It is registered with:
- Stock Exchanges (NSE/BSE/MCX).
- Depositories (CDSL).
- Company RTAs (for corporate actions like dividends and buybacks).
Uses of the Primary Bank Account:
- All dividends, SEBI payouts, and referral earnings are credited to this account.
- Fund withdrawals from Lakshmishree are processed to this account.
- Cannot be removed unless replaced with another bank account.
However, you can link multiple secondary bank accounts to deposit money.