Comment on Same day fund withdrawals & update on quarterly settlements

Atul commented on 20 Apr 2020, 09:49 PM

Nice to hear that zerodha is consistently working for better customer experience. However, I have the following concerns:
1. After reading this article I changed my primary account to my HDFC bank account. But even I place a withdrawal request before the mentioned cut off time the funds get credited in my account the next day in the morning( and not instantly as mentioned in this article). I place withdrawal request once a week and everytime it’s the same experience.

2. A couple of discount brokers are offering monthly and annual lumpsum brokerage plans. Is zerodha also planning something on similar lines? (Something like this will be highly appreciated)

3. The margin calculator for weekly option expiry for nifty, bank nifty and currencies is not available. Also for currency options the margin calculator is not available even for monthly expires. This forces me to place orders on the basis of trial and error and sometimes costs missed opportunities. A margin calculator for these segments will be really helpful.

In case this isn’t the right platform to raise these concerns kindly suggest the same!

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