Today upi is allowed via rupay Credit cards ?
But Google pay allowing to add via visa and master credit cards
Is there anyway i use 45 days credit card money 3 Lakh limit to zerodha for intraday and pay back on schedule time by withdrawing 2-3 days before
@EasyMoney
No Zerodha or any other broker shall not allow you to use credit card.
Credit cards cannot be used for any saving and investing products, such as fixed deposits, investments in stock markets etc. This is applicable to all brokers.
Regulations mandate that funds should be transferred only from verified bank accounts.
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Today news - Upi linked with Rupay credit card - now how zerodha can ban if i some1 transfer
Hy @EasyMoney
This is how i understand, when there is a transfer of funds through upi it happens through verified bank accounts. Since upi has the registered bank account linked it gets accepted. If there is transfer through any other source(credit card) it shall not consider it and recognise it as non verified.
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