How can NRIs add money to their Zerodha account?

Money is added and reported differently in a PIS and Non-PIS account. The differences are as follows:

PIS

1. Clients must transfer funds from their NRE or NRO savings bank account to the PIS bank account.
2. The PIS account balance is reported to Zerodha by the bank at the end of the same day.
3. Zerodha updates the fund balance before the markets open on the next day.

PIS account holders must not transfer funds using IMPS/NEFT/RTGS.

NRO Non- PIS

Funds can be added in the following ways:

• UPI: Instant fund transfers from the registered bank account using UPI for free. UPI transfers must be initiated from Zerodha’s payment gateway for the funds to be updated to the Zerodha account instantly.
• Instant payment gateway: Instant payment gateway comes at a charge of ₹9 + 18% GST with the convenience of instant credit.
• IMPS/NEFT/RTGS/Cheque: Fund transfer using IMPS/NEFT/RTGS is free at Zerodha. However, bank charges may apply. Fund transfer using a cheque is free.
  

Did you know?

• To learn the difference between PIS and Non-PIS accounts, see What is the difference between a PIS and a NON-PIS account?
• To convert an NRO PIS account to an NRO NON-PIS account, see What documents are required to convert an NRO PIS account to an NRO Non-PIS account?