Comment on Cover feature of Zerodha - Dalal times

VJ commented on 07 Sep 2015, 06:31 PM

Hi Nithin,

I had a bad experience with Zerodha, not sure it was only that day or consistent .

I wanted some emergency fund and had sold my stock on Wednesday . So as per the rule book T+2 , i should be able to withdraw fund on Friday after the market hours .In fact i placed the request around 5.30 or so not later than 6 , but the amount never got credit to my account either same day or on Saturday .

I had to re-place the order on Monday which i got the money credit on Tuesday .

Please let me know if i sell it on Wednesday, will i be able to draw fund and cash get deposited on Friday or Saturday

Regards.
Vj

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