Two times fund withdrawal service by Zerodha


#1

@nithin
Many brokers provide this facility to retail clients. I have long been a customer of Sharekhan as well and they also provide this facility.

As of today, if I place fund withdrawal request at 10am in the morning, I have to wait untill next day morning to reflect funds in my account received from Zerodha. ( I use HDFCBNK)

Can Zerodha provide payout option two times in a day? I am a full-time trader and although I keep contingency funds at hand, but still anything can happen and one may need his/her un-used funds during the same day for any exigency.


#2

As part of console.zerodha.com we intend to do this as well. Not just twice, but a facility where we can allow withdrawal of some portion of the funds in trading account instantly.


#3

Thanks. Can you please provide an estimate when can this be completed? @nithin


#4

Don’t want to give a date right now, but in the next few months.


#6

Any updates on instant fund withdrawal request.


#7

Will take some more time.


#8

Any update?