Zerodha....
- Thread starter bharath.mang
- Start date
- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Can't see any bank in drop down menu to transfer funds in web version. I want to use SBI bank which is there is logo for banks that can be used for instant fund transfer. Can application version be used for transfering funds? I was unable to find any tab/icon. Also does pay-out happens directly to bank or we have to submit orders? I wish to keep money in a/c after settlements and not get transfer to bank.
Finally can I send filled DIS with ILFS form to save money on courier (50 bucks on each courier!)? You can use DIS once demat a/c with ILFS is opened, only headache for you is keeping DIS till a/c is opened to pen down new DP details. I've 4 scrips in holding which i wish to transfer.
Finally can I send filled DIS with ILFS form to save money on courier (50 bucks on each courier!)? You can use DIS once demat a/c with ILFS is opened, only headache for you is keeping DIS till a/c is opened to pen down new DP details. I've 4 scrips in holding which i wish to transfer.
Hi Dewashish,
Will check on this tomorrow.. You must have applied for demat and trading account, the delay could have happened if ILFS for demat opening would have tried to contact for IPV(in person verification) and they were not able to get in touch with u...
Can you also leave a note on india@zerodha with applicants name and number...
Sorry about the delay...
Will check on this tomorrow.. You must have applied for demat and trading account, the delay could have happened if ILFS for demat opening would have tried to contact for IPV(in person verification) and they were not able to get in touch with u...
Can you also leave a note on india@zerodha with applicants name and number...
Sorry about the delay...
Though SBI logo is showing up instant payment is still not enabled.. For now you can transfer using NEFT... You need to login to your SBI and register Zerodha as your payee , details given in funds transfer under trading subsection on our website... In the remarks section of NEFT, make a note of your client ID or your name... NEFT can take 3 to 5 hours for the funds to show up in trading account...SBI should be ready for instant payment gateway by end of this month, SBI is working at really slow pace to get this going...
For payout, you need to login to backoffice and put a withdrawal request... All requests processed at 6.30pm, money comes to your bank account online either same night or latest by next day afternoon...
Once ILFS is opened, you can send us an online request to change your dp from existing one to ILFS, we will have proof for your ILFS account, you would not need to send anything.... For transferring shares from your existing dp to new ILFS DP, DIS slip of your existing DP is needed... You need to fill your ILFS dp number in the DIS slip of the present DP and submit it to them... Shares will then show up in your demat with ILFS in 24 hours....
A little bit of delay is happening for accounts where demat also has to be opened as it is done through ILFS... Trading accounts usually hasn't taken us more than 48 hours...
CHeers...
For payout, you need to login to backoffice and put a withdrawal request... All requests processed at 6.30pm, money comes to your bank account online either same night or latest by next day afternoon...
Once ILFS is opened, you can send us an online request to change your dp from existing one to ILFS, we will have proof for your ILFS account, you would not need to send anything.... For transferring shares from your existing dp to new ILFS DP, DIS slip of your existing DP is needed... You need to fill your ILFS dp number in the DIS slip of the present DP and submit it to them... Shares will then show up in your demat with ILFS in 24 hours....
A little bit of delay is happening for accounts where demat also has to be opened as it is done through ILFS... Trading accounts usually hasn't taken us more than 48 hours...
CHeers...
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