Comment on Transfer funds into your trading account

botany02 commented on 25 Apr 2014, 05:50 PM

Today I accidentally pay in amt to equity instead of Commodity.(Actually I selected commodity option during pay in, but some what it is credited in equity,how i don’t know)I Contacted Zerodha, they told that I have to withdrawal amt from equity and pay in to commodity.But since the amt is transferred today it will reflect in back office tomorrow only, so I can’t place withdrawal request today.As tomorrow is sat, no withdrawal will be processed, it will be processed on Mon only that too at evening.This means that, I can only use that money for commodity trading on Tue only.I think,Zerodha may re think about fund transfer system, may change the system for effective utilization of fund by the investor.Since Whatever the fund I transferred today, have no use neither for me nor zerodha for Two trade Days.Plz Reply

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