If I sell LIQUIDCASE today, will I be able to get funds to my bank a/c by eod today?
In case of liquid fund held with coin, I got the funds on T+1 morning before 12 pm.
You can withdraw at 10am, with some limits. Search for instant withdrawal
Not on the same day as settlement happens on T+1 day, so you can withdraw the proceeds received on the next day.
In that case, liquid fund is better than ETF for emergency as I receive the redemption amount on T+1 (coin) for liquid fund while for ETF it would be T+2. On T+1, I would have the amount in demat account and on T+2 I would have it in my bank account.
ETF also T+1 now. You can withdraw on T+1 day with limits
@nithin Any updates on this? Is INSTANT REDEMPTION possible on any fund house, any fund type on COIN?
Hi @Akshay_Mane we are working on this facility with a few AMCs, wont promise a time line as of now but we will start offering it on coin soon.
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Hi @nithin @Neelesh Thank’s for the response. I do understand Finance + Tech is challenging, adventurous and time consuming. Can i help in development/testing for speedy release of new features pending since quiet a while now?
I have worked in SBI, CISCO, ServiceNOW for 5.5 yrs and have done my MTech CS from BITS Pilani. AkshayMane_Resume_v28.pdf - Google Drive Let me know 
Hi @Akshay_Mane, this is something that is not allowed in a demat mode industry-wide, and the challenge is that the AMCs and RTA have to do the development around it You can send your resume to [email protected]. In case we have any openings, we will reach out to you.
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Thanks for details @Neelesh. Its sad to see that demat mode has many limitations for which AMC, RTA, ZERODHA are not been able to find a solution.
Unfortunately, Those who want STP, INSTA Redemption facility, TRUE SIP…will have to rely on other brokers.
Btw Came across this post 6 years ago, Even back then many platforms like kuvera, paytm money, many AMC are offered INSTA REDEMPTION.
https://www.reddit.com/r/IndiaInvestments/comments/at649a/liquid_fund_insta_redemptions_walking_the_path/
Btw Why cant zerodha COIN offer both Demat & Traditional Non Demat folios both? Let users decide how they want to hold units?? @Neelesh @nithin
We are working on this.
Not as of now, but in the future, we will look into the possibilities.
I see the NFO for Zerodha Overnight Fund is on. Might be a good time for Coin to support Insta redemption 
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@nithin Awaiting this feature since 4 years . if you do this . I will put up a Zerodha banner on my window balcony , thanking you 
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I also need this feature, I don’t want to use any other extra app and increase management complexity.
At least for Zerodha AMC you can provide the feature.
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Since Zerodha has launched its own AMC and overnight fund, it’s high time they allowed withdrawals up to 90% of the invested amount in the Zerodha overnight fund. This is a must-have feature, especially since overnight funds are primarily used for emergencies.
We’ve been waiting for this feature for a long time, so please bring it forward.
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