Zerodha offers instance pay in option via Payment gateway, UPI Fund Transfer, NEFT, RTGS, IMPS service. There are 4 ways to transfer funds to your trading account which are listed as under in order of ease.
By way of Payment Gateway on the Zerodha Kite or Zerodha Console.
This is an Instant mode of fund transfer by using payment gateway with charges of Rs 9 + GST per transaction. This is an instance mode of pay in request.
UPI Fund Transfer to your Zerodha Account.
Zerodha has integrated its payment gateway with UPI. With this you can use UPI to transfer funds to Zerodha Account. This service is free for first 6 months. The Max limit of UPI transfer is Rs 1 lakh per day. This also depends on bank to bank, you need to check with your bank for more details. UPI service is only for deposit, not for withdrawals.
By depositing funds by way of NEFT/RTGS/IMPS to your trading account.
This is for Equity, F&O and Currencies, takes 2-10 hours depending on your bank. This service is free from Zerodha's side but bank charges may apply.
The account details of Zerodha Equity and Currency Trading are as follows:
The account details of Zerodha Commodity Trading are as follows:
By depositing a cheque in your trading account.
It takes 3-5 working days and its free.
Last updated on 30th Jul 2019
You can place a withdrawal request for your funds by logging into Zerodha Console. Fund withdrawals are completely free. Funds will credit only to your primary bank account. Withdrawal requests can only made online and takes up to 24 hours to credited to your bank account.
Zerodha Fund Withdrawal - Payout is done once a day. The withdrawal file will generated EOD after trade process and calculation of clear balance in your account. Instance fund withdrawal is not possible. This is the main reason all/max brokers do the only End of day payout.
For changing primary bank account details, you need to fill Account Modification Form. Submit canceled cheque copy and bank statement - Self attested. Charges for modifying Primary bank account is Rs 25 + GST. To add a secondary bank account, you can open a support ticket with canceled cheque and bank statement - Selt attested copy.
Yes, company operate equity and commodity business with two different ledgers, so you need to fund separately. For Commodity trading :