@nithin is it true for IMPS and UPI fund transfer as well? IMPS and UPI mean instant money transfer, no? With now 24x7 NEFT, does the settlement delay still hold true?
Moreover, why does an investor have to wait for 2 days to withdraw the funds to his bank account after say the redemption amount is credited to the Zerodha trading account. Point #2 below:
As I have mentioned in a previous thread, isn’t this waiting period of 2 days a disadvantage of investing MF through Zerodha Coin when compared to MF investment in non-Demat mode?
https://tradingqna.com/t/will-24x7-neft-make-mf-redemption-any-faster/