Is withdrawal free in Zerodha?
No, Zerodha doesn't charge any fee for withdrawing money from your trading account. You can withdraw any amount of money within the withdrawable balance for free of cost. The funds are transferred to your bank account at the end of the day.
How Much Zerodha Charges For Withdrawal? No, there are no fees associated with withdrawing funds from your Zerodha trading account. You are free to withdraw any amount of money from your withdrawable balance. At the end of the day, the funds are deposited into your bank account.
- Tap on user ID.
- Tap on Funds.
- Tap on Withdraw.
- Enter the amount to be withdrawn, tap on Continue and then on Confirm.
There is no upper limit to the amount of money that can be withdrawn from the trading account. Withdrawal limit is subject to availability of withdrawable balance in the trading account. To learn more, see What is the withdrawable balance?
While the funds deposited to the trading account during the day are available for trading immediately, they can only be withdrawn the next day due to the end of the day settlement and reconciliation processes.
Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.
You can take money out of a brokerage account at any time and for any reason—just like you could with a regular bank account—without paying an early withdrawal penalty.
You need to put a payout request to withdraw funds from your Zerodha trading account. Zerodha process fund payout request at the end of the day. This means you get funds in your bank account only by the evening.
No, Zerodha doesn't charge any fee for withdrawing money from your trading account. You can withdraw any amount of money within the withdrawable balance for free of cost. The funds are transferred to your bank account at the end of the day.
Kite Connect APIs are available for retail users as well as startups. For retail users, the charges are ₹ 2000 per month. An additional ₹2000 is charged to opt for historical API. See kite.
Can I withdraw money from Zerodha to a different bank account?
No, funds cannot be withdrawn to the secondary bank account. Withdrawals can only be made to the primary bank account. However, the secondary bank account can be converted to a primary bank account. To learn more, see How do I convert a secondary bank account into a primary bank account in Zerodha?
Auto square-off charge of ₹50 + 18% GST is applied for each order squared-off by Zerodha. Hence, clients must close their open intraday positions before the square-off time. Fresh orders for MIS/CO order types or converting the existing CNC/NRML position to MIS after the auto square-off time is not allowed.
Zerodha AMC Charges Date
For example, if you open an account on Nov 24, 2022, and chose to pay it every quarter, then the first part of ₹75 plus GST will be deducted right away. Then after every three months i.e. February 24, 2023; May 24, 2023, and August 24, 2023, the remaining fees will be charged.
If any such unfortunate event were to occur, you need to apply to the Investor Protection Fund (IPF), set up by SEBI, to provide compensation. You need to file a claim for compensation within three years per SEBI rules to become eligible for such payment.
