Comment on Zerodha-Fund withdrawal from Trading account
commented on
03 Apr 2018, 02:11 PM
I would like to emphasize on point (2). Waiting 1-2 days for emergency funds is way too much time.
If not IMPS, at least there should be a batch job that runs hourly during bank day time and processes NEFT transactions within few hours.
I placed in a withdrawal request on Friday March 30th at about 4 pm.
Till yesterday evening, the backoffice website showed this as ‘Pending Request’. However, till now (Tuesday April 3rd) I have not received the amount. Today when I went to the backoffice website, I do not even see the ‘Pending Request’ and no withdrawal has even happened. Hence I have placed the withdrawal request once more today – and opened a ticket to check what happened and why the delay. I needed this amount by yesterday (Monday) and now I am hoping I will at least get it by Wednesday noon.