Online trading zerodha withdrawal procedures

Below are the procedures of how to withdraw from zerodha trading account.



Zerodha is one of the best online trading sites in India. Zerodha trading platform allows  both individuals and institutions to buy and sell financial securities which charges Rs 20 per trade.  Zerodha is one of the biggest stock broker in India today.

Login to the Backoffice – https://q.zerodha.com/
Once login click on funds and request withdrawal.
Once the withdrawal request is processed from our end, check your ledger balance in Q to know the status of your withdrawal requested in click on Funds.

 Zerodha processes withdrawal requests Monday through Friday
if you want to withdraw funds from your Equity trading account, you have to place the request before 7:30 PM, otherwise it will be processed only on the next working day. Similarly with Commodity, you have to place the request before 9:00 AM in the morning.

Time taken for funds to reach your bank account
 If your bank account is with HDFC, the fund withdrawal should ideally happen within the next 3 to 4 hours from when we process (time mentioned in Point 1) as it is an intra-bank transfer. If your account is with any other bank then we upload the details for fund transfers using NEFT/RTGS.

 This NEFT/RTGS transfer is processed first thing the next day morning by the bank and will be in your bank account before the next day evening.
It takes about 24 hours to process withdrawal request on zerodha.

Note: If you put a fund withdrawal request after Friday 9 AM for Commodities and Friday 7:30 PM for Equtiy, the request will be processed only on Monday.

Source: zerodha