Zerodha Part 2

[sumosanammain]

WHAT!!!!!!!!!!!!!

I thought the stamp duty depended on which state the broker was registered in. NOT where the offices were.

SO this means that the day you open an office in mumbai, then we would have to pay 200 per crore, right?

PLUS your 490/ crore of transaction charges.

That will lead to an EXODUS of clients, mark my words.

That would make you grossly expensive compared to other discount brokers

Reposting for attention

 

[shekharz]

Zerodha

A query, the reply of which I could not find on your website ...........

What is the overall procedure of withdrawing the funds from Zerodha (for every segment separately), i.e. which time should one apply, when will it be transferred to banks, if next day is saturday or holiday, then what ......... etc

Please clarify in detail and also please make a page on your website with this information

Hoping to hear some words from you .............

shekharz

PS : Asking this because once I withdrew from MCX at 09.16 AM and then contacted to your support staff, he told me that ONLY before 9 AM if applied for withdrawal, then it is processed the same day and money will reflect in our bank accounts at noon, but I don't know the "timings" for withdrawal from NSE segment AND ALSO, what if next day is saturday or a holiday (both for NSE & MCX). Your reply will clear doubts upon this.

Same As Above Post .........

 

[Zerodha]

WHAT!!!!!!!!!!!!!

I thought the stamp duty depended on which state the broker was registered in. NOT where the offices were.

SO this means that the day you open an office in mumbai, then we would have to pay 200 per crore, right?

PLUS your 490/ crore of transaction charges.

That will lead to an EXODUS of clients, mark my words.

That would make you grossly expensive compared to other discount brokers

Hey Sumo,

We are not coming to Mumbai with a branch anytime soon, so don't you worry on that..

Nice to hear from you after long..

 

[Zerodha]

Zerodha

A query, the reply of which I could not find on your website ...........

What is the overall procedure of withdrawing the funds from Zerodha (for every segment separately), i.e. which time should one apply, when will it be transferred to banks, if next day is saturday or holiday, then what ......... etc

Please clarify in detail and also please make a page on your website with this information

Hoping to hear some words from you .............

shekharz

PS : Asking this because once I withdrew from MCX at 09.16 AM and then contacted to your support staff, he told me that ONLY before 9 AM if applied for withdrawal, then it is processed the same day and money will reflect in our bank accounts at noon, but I don't know the "timings" for withdrawal from NSE segment AND ALSO, what if next day is saturday or a holiday (both for NSE & MCX). Your reply will clear doubts upon this.

Point noted, we are putting up a blog on this by next week..

But generally guideline is to put before 7.30pm for equity and before 9am for commodities.. If hdfc is your account, comes same day for all other banks the next day...

Processed only from monday to friday..

 

[ksp191]

To zerodha,
You promised for reducing turnover charges before the end of fin.year.What is progress on that front?

 

[TraderRavi]

MCX-SX the new stock exchange is starting 9th Feb 2013! As a thank you to all our clients you will get to trade on MCX-SX at Rs 0/Trade until March 31st 2013.. Click here to read more : http://www.zerodha.com/z-connect/blog/view/zerodha-email-launch-of-mcx-sx

no photo needed for mcx-sx activation ?.....and someone phoned me from zerodha to fill up KYC form...but there seems to be KYC form in first page of MCX-SX activation form..is it sufficient ..

 

[Zerodha]

Same As Above Post .........

https://www.zerodha.com/z-connect/blog/view/zerodha-fund-withdrawal-from-trading-account

Withdrawing funds from ur trading account

 

[columbus]

What is the real objective of starting another exchange ,when already 2 exchanges are there with similar objectives? Any further expansions .....?

 

[marker]

Hi Zerodha,
Today morning the https://trade.zerodha.com/ site is giving a message that the security (https) certificate is expired. Is it really expired or is there any issue?http://www.traderji.com/images/smilies/confused.gif
Marker

 

[marker]

Hi Zerodha,
Today morning the https://trade.zerodha.com/ site is giving an Https certificate expired warning. Is it really expired or is there any other issue? Is it safe to login?
marker.