FUNDS TRANSFER
For Queries on Fund Transfers click here
For Queries on Fund Withdrawals click here
Brokerage free provides several easy ways to transfer money into and out of your account using the following channels:
Deposits Only
| Payment Gateway | Bank | Time Taken | Charge |
|---|---|---|---|
 (or) Zerodha Backoffice |
|
Instant | Rs. 9 per transfer. You can transfer maximum of Rs.500000 per day using this method. Use this if you need to transfer funds immediately.NEFT/RTGS |
| NEFT/RTGS | Any linked bank with online fund transfer facility | 3 to 4 hours | Free or charged. Depends on your bank. |
| Cheques | Any bank t-hat you have linked to your trading account | Up to 7 days | Free |
Withdrawals
_To place withdrawals just log into your back office software by clicking here.
All withdrawals will be credited directly to your bank account through electronic fund transfer. You cannot withdraw your funds by cash or cheque.
Click on 'Withdrawal Request' from the Quick Links on the right side. Enter the amount that you wish to withdraw by checking the Clear Balance on your screen.
Your withdrawal request will be processed within a maximum of 24 hours.
* Withdrawals on bank holidays will be processed on the next working day.
How to transfer funds from your BACK OFFICE
Funding your account through the Back Office Payment Gateway is one of the quickest methods to deposit funds from your bank account directly into your trading account. It is instant and costs you only Rs. 9 per transfer.
Instructions
- To transfer funds using the Payment Gateway login into your Back Office personal ledger.
- Click on 'Pay Online' from the Quick Links on the right side. Enter the amount that you wish to deposit.
- You will be automatically redirected to your bank's internet banking page and required to login with your User ID and Password.
- You can transfer the required amount directly to your trading account.
* Currently funds can be deposited from 20 banks using the Back Office payment gateway. This facility will soon be extended to many other banks.
NEFT/RTGS FUND TRANSFER DETAILS
You can deposit funds electronically into your trading account via any linked bank which has online transfer facilities. Deposit details are as follows:
For Equity, F&O and Currencies
Account Name: Zerodha
Account Number: 05230340001348
IFSC Code: HDFC0000523 (Required for RTGS transfers)
For Commodities
Account Name: Zerodha Commodities Private Limited
Account Number: 05230340002150
Bank/Branch: HDFC Bank, Richmond Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000523 (Required for RTGS transfers)
Funds deposited from a HDFC bank account will result in instant credit.
Funds deposited from any other bank will usually take 2 to 3 hours through RTGS/NEFT.
* Deposits on bank holidays will be processed on the next working day.
Withdrawals
You can withdraw funds electronically from your BackOffice Account into any bank account which has online transfer facilities.
Instructions
- To withdraw funds login to your BackOffice Account.
- Proceed to the Withdrawals section and enter the amount that you wish to withdraw.
- Your withdrawal request will be processed by RTGS/NEFT transfer at the end of the same trading day. In most cases the withdrawal will be reflected in your bank account the next working day.
* Withdrawals on bank holidays will be processed on the next working day.
CHEQUES – Deposits Only
You can deposit funds to you Zerodha account by cheque from any of your linked bank account. When making a deposit you will need to mention the following:
- Cheques can be deposited at any HDFC bank branch anywhere in India.
- Cheques can also be couriered to us at Zerodha, 175/176 2nd Floor, Bannergatta Road, Bilekahalli, Bangalore 560076.
*The time taken for your trading account to be credited will depend on the Payee bank location. It could easily take up to 7 working days.
Zerodha Commodities
ONLINE TRANSFER – Deposits & Withdrawals
Deposits
You can deposit funds electronically into your trading account via any bank which has online transfer facilities. Deposit details are as follows:
Account Name: Zerodha Commodities Private Limited
Account Number: 05230340002150
Bank/Branch: HDFC Bank, Richmond Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000523 (Required for RTGS transfers)
Funds deposited from a HDFC bank account will result in instant credit.
Funds deposited from any other bank will usually take 2 to 3 hours through RTGS/NEFT.
* Deposits on bank holidays will be processed on the next working day.
CHEQUE – Deposits & Withdrawals
Deposits
You can deposit funds to you Zerodha trading account by cheque. All cheques should be issued in favor of ‘Zerodha’. When making a deposit you will need to mention the following:
Account Number: 05230340002150
Bank/Branch Details: HDFC Bank, Richmond Road, Bangalore Cheques can be deposited at any HDFC bank branch.
Cheques can also be couriered to us at Zerodha, 175/176 2nd Floor, Bannergatta Road, Bilekahalli, Bangalore 560076.
*The time taken for your trading account to be credited will depend on the Payee bank location.