I have received dividend for TCS. However, the dividend was credited into my Zerodha account instead of the linked bank account. Please see the below ledger entry.
01/07/2017 EQ Being dividend paid for shares TCS
Is this a normal practice or some info is missing in my account due to which it was not credited in my bank account ?
Also, I do not check the ledger regularly. If credit of dividend to zerodha is normal practice, can there be some intimation. I have not received any mail from TCS or Zerodha regarding the dividend credit. For my ICICI Direct account, it gets deposited in my bank account and I also receive email/letter notification from the company issuing the dividend.