- To start off with the verification click on the Bank Account option.
- You will now be asked to click on PROCEED option and provide consent for Equal to verify your Bank Account details.
- After you click on Proceed, you will be asked to enter your Bank Account Number and IFSC Code.
- Once you enter your Bank Account details the Proceed button will be enabled.
- When you click on PROCEED, Equal will verify your Bank Account details by depositing ₹1, this is called Penny Drop.
Once your Bank Account Verification is complete you will see a screen with the Green check.
You will also see a VERIFIED Bade next to Bank Account.
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