Bank account validation failure in a refund

Refunds are paid only to a bank account in the registration that has been validated through the public finance system. If validation fails, the refund cannot be paid until the account is corrected.

Common reasons are a name mismatch between the bank account and the legal name, a closed account or a wrong IFSC. Example: a proprietor's refund fails because the account is in the trade name only. Update a correct account through a non-core amendment, then select it in the refund application. Validate before filing to avoid delay.