Why did my bank account verification fail, and how can I resolve it?

Your bank account verification may get rejected due to mismatched details or unclear documents. Here are some common reasons why this happens:

  • Incorrect Details: The name, account number, or IFSC code entered does not match the details registered with your bank. Ensure that the information is accurate while submitting.
     
  • Mismatch With Bank Records: If the name on your Lakshmishree account does not match the name in your bank records, verification may fail. This is common when using a joint account or a bank account with initials.
     
  • Unclear Or Invalid Documents: If the uploaded bank proof (passbook, cheque, or statement) is blurry, cropped, or does not clearly show the required details (name, account number, IFSC), verification will be unsuccessful.
     
  • Inactive Or Closed Account: If the submitted bank account is dormant, frozen, or closed, the verification request will be rejected.
     

What Should You Do Next?

  1. Verify The Details Entered: Cross-check your account number, IFSC, and name against your bank records. Ensure there are no typos or spacing errors.
     
  2. Re-Upload A Clear Document: If your bank proof was unclear, upload a fresh image of your passbook, cancelled cheque, or bank statement. Ensure that all details are visible, and the document is in PDF, PNG, or JPEG format.
     
  3. Use An Eligible Bank Account: Make sure the bank account is active and in your name. Avoid using corporate, minor, or joint accounts if not supported.
     
  4. Retry Verification: After correcting the issue, resubmit your details via the Shree Varahi app or website.
     

If you continue facing issues, contact Lakshmishree’s support team for further assistance.