Zerodha is excited to announce a major enhancement to our services—instant withdrawals. We understand that quick access to your funds is crucial, and we’ve streamlined the process to ensure you can transfer money from your trading account to your bank account instantly.
Key Features:
- Speed: No more waiting for hours or even days. Your funds will be transferred immediately, giving you faster access when you need it.
- Convenience: Initiate withdrawals directly from our platform with just a few clicks.
- Availability: This feature is available to all Zerodha customers, making your trading experience more seamless and efficient.
You can now withdraw funds within seconds from your Zerodha account to your primary bank account using the Instant Withdrawal feature for free. However, for instant withdrawals, you must ensure the following:
- Submit the instant withdrawal requests only once per day between 9:00 AM and 4:00 PM on all days, including weekends.
- Place the request for a minimum of â‚ą100 and up to â‚ą1,00,000 per day.
- You must not have any orders (completed, cancelled, or partially filled) or positions (open or closed) other than Cash and Carry (CNC) sell orders.
To place an instant withdrawal request:
- Tap on your user ID.
- Tap on Funds.
- Tap on Withdraw.
- Tap on Instant.
- Enter the amount you want to withdraw.
- Tap on Continue, and then on Continue.
Note
- You cannot use the instant withdrawal feature to withdraw funds you added during the day.
- If any segments have cancelled orders, except for equity CNC sell orders, instant withdrawal will be unavailable.
- Instant withdrawal is currently not supported by Paytm Payments Bank.
- Timings for instant withdrawal are subject to change. The latest timings are updated on Console on the withdrawal page.
- There are no charges for withdrawing funds instantly.
Whether you’re a day trader needing quick access to profits or an investor looking to reinvest quickly, our instant withdrawal service is designed to meet your needs effectively. We are committed to providing you with the best trading experience and this new feature is a step towards that goal.
For more details, visit our official announcement.
Tags for Articles:
- Instant withdrawals
- Zerodha updates
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- Fast fund transfer
- Zerodha new features
- Financial services
- Trading convenience
- Quick access to funds
- Investment platform
- Brokerage services
This new feature underscores our dedication to enhancing your trading experience by ensuring that your money is always accessible when you need it.
