# Jupiter as primary bank for my demat and trading account

**URL:** https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313
**Category:** Feedback & Ideas
**Created:** [16 April 2023 06:44 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313 "2023-04-16T06:44:16Z")
**Posts on this page:** 10
**Page:** 1

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [16 April 2023 06:44 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/1 "2023-04-16T06:44:16Z")

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Is it okay to make Jupiter a primary bank for transferring and receiving funds to our demat and trading accounts upto transactions of Rs.10 lacs?  
Or accounts will be put on debit freeze or credit freeze for doing so?  
Came across some incidents where Fi Money has been doing this.  
Please give a clarification so that we can proceed further.  
@Jiten @Shawnpinto

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### Author: ![Devansh\_Bartwal](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/devansh_bartwal/32/13133_2.png) [@Devansh\_Bartwal](https://community.jupiter.money/u/Devansh_Bartwal)
#### Post date: [16 April 2023 06:46 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/2 "2023-04-16T06:46:06Z")

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Personally i use jupiter as my primary bank account for zerodha. Till now everything has been smooth.

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [16 April 2023 06:49 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/3 "2023-04-16T06:49:02Z")

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Thanks for the reply @Devansh_Bartwal . How often you make transactions and are they big transactions like more than Rs.1 lakh?  
Okay. I am a regular trader. So just needed a clarification from the team too so that no further clarifications in the future arises.

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### Author: ![Devansh\_Bartwal](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/devansh_bartwal/32/13133_2.png) [@Devansh\_Bartwal](https://community.jupiter.money/u/Devansh_Bartwal)
#### Post date: [16 April 2023 10:31 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/4 "2023-04-16T10:31:23Z")

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They are of less than 1L. It works fine though.

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [17 April 2023 07:51 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/5 "2023-04-17T07:51:50Z")

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@Shawnpinto  
Sorry for tagging you repetitively.  
But can you please clarify this so that we can go ahead. 🙂

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### Author: ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)
#### Post date: [17 April 2023 09:05 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/6 "2023-04-17T09:05:31Z")

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Hey @specter , As long as you clearly mention the declared income source properly.  
I think it should be okay.

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [17 April 2023 09:24 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/7 "2023-04-17T09:24:04Z")

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Where the income source should be mentioned?  
Can you please explain it properly. I didn’t get you. ☹

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [17 April 2023 09:44 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/9 "2023-04-17T09:44:46Z")

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When they are legit transactions, why the account will get frozen?  
That’s what my question was all about.

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### Author: ![specter](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/specter/32/19088_2.png) [@specter](https://community.jupiter.money/u/specter)
#### Post date: [17 April 2023 10:09 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/11 "2023-04-17T10:09:23Z")

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Yeah came across this happening with Fi money accounts. So wanted to clarify with Jupiter too. 😕

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### Author: ![AltafParkar](https://avatars.discourse-cdn.com/v4/letter/a/0ea827/32.png) [@AltafParkar](https://community.jupiter.money/u/AltafParkar)
#### Post date: [17 April 2023 12:36 UTC](https://community.jupiter.money/t/jupiter-as-primary-bank-for-my-demat-and-trading-account/45313/12 "2023-04-17T12:36:16Z")

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For any money that you need at the 11th hour, better to park that with traditional banks.
