Groww Overtaking Zerodha

[VenuMadhav]

@Karthik_Ragu

Zerodha users waiting for the updates that will be released “soon” - Year 2124

Sharing this update, although in this post I’ve said that instant payout is coming “soon” Few things are lined up, will keep updating.

Zerodha Update: Faster fund withdrawals

We’ve optimized our payout process for our clients to receive payouts sooner than usual. This is for clients who have requested payouts, have sufficient funds and have neither traded nor have any open positions on the payout processing day. To explain with an example, for stocks sold on a Monday, payout from the Clearing corporation is received on Tuesday. When clients requested payout on Tuesday, their requests would be processed Tuesday night, upon completion of the trade process after which …