Deposit funds

As per SEBI regulations, you have to maintain separate balances for Equities and Commodities accounts, so we have two different bank accounts to facilitate this. There are three different modes to deposit funds to your account.

Instant payment gateway

You can transfer funds directly from the trading platform (Kite/Pi) using the instant* payment gateway facility. This comes at a charge of Rs. 9 plus taxes with the convenience of an instant credit. We have about 25 banks (listed below) for this facility.

IMPS/NEFT/RTGS transfer

NSE/BSE (Equity, F&O, Currency) MCX (Commodities)
Bank Name HDFC Bank HDFC Bank
Account Title ZERODHA NSE CLIENT ACCT ZERODHA COMMODITIES PRIVATE LIMITED MCX
Account Number ZERNSE ? Unable to add this beneficiary? ZERMCX ? Unable to add this beneficiary?
Account type Current account Current account
Bank Branch Sandoz Branch, Mumbai Sandoz Branch, Mumbai
IFSC Code HDFC0000240 HDFC0000240

Important: Unlike the usual bank account numbers, you’ll notice that our bank account numbers just have alphabets. Add these two accounts as payees on your registered bank account and you’ll be able to transfer funds to your trading account anytime.

Alternate account details

NSE/BSE (Equity, F&O, Currency) MCX (Commodities)
Bank Name HDFC Bank HDFC Bank
Account Title ZERODHA ZERODHA COMMODITIES PRIVATE LIMITED
Account Number 05230340001348 05230340002150
Account type Current account Current account
Bank Branch HDFC Bank, Richmond road, Bangalore HDFC Bank, Richmond road, Bangalore
IFSC Code HDFC0000523 HDFC0000523

The time taken for funds to reflect in your trading account varies depending on the method of your fund transfer. If you don't see the funds in your account within the timelines mentioned below, please send an email to [email protected] with a screenshot of the debit in your bank account.

Method Time taken Charges
NEFT/RTGS Between 2 to 10 hours depending on your bank Free at Zerodha, bank charges may apply
IMPS 10 minutes during market hours Free at Zerodha, bank charges may apply
Cheque 3 to 5 working days Free

Withdraw funds

  • You can place a fund withdrawal request by logging into Q or from within Kite.
  • Equity, F&O, and currency withdrawals are processed at 7 PM Monday to Friday.
  • Commodity withdrawals are processed at 9 AM Monday to Friday.
  • Withdrawal requests can only be placed online, and may take up to 24 hours to be credited to your bank account.
  • All withdrawal requests placed after the above stipulated times will be processed on the next working day.
  • Fund withdrawal requests placed on second and fourth Fridays will be credited only by Monday on account of banks being closed on second and fourth Saturdays.