Comment on Zerodha-Fund withdrawal from Trading account

Hiren Shah commented on 31 Jan 2015, 11:04 PM


It’s been almost 2 years since blog was posted. NEFT/RTGS timing windows have been expanded and we all take benefit by getting transfers in 3-4 hours max. What is the reason for Zerodha to process only once at 7.30 pm? You have been bringing lots of automation in various other areas then why not in pay out? You can at least consider processing these payouts at least at 2-3 hours interval on Mon-Fri and at least one transfer on Saturday. I’m mentioning only about clear balance (fully settled after selling shares, Not blocked for any purchase).

There was a suggestion years ago about allowing selection of bank account during pay out process. Any consideration on it?

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