How do I add money to my trading account using a cheque?
You can add money to your trading account using a cheque, by sending us the cheque via courier or post to our head office and we will add the money to your trading account once the cheque gets cleared
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
You will need to write ‘Zerodha Broking Ltd’ as payee to transfer money to your Equity Account and ' Zerodha Commodities Pvt Ltd ' to transfer to your Commodity Account.
Also, make sure to mention your Client ID on the back of the cheque for our reference.
There are no charges to add money to your trading account using a cheque. The money added will reflect in your trading account in 3 to 5 working days.
Alternatively, if you deposit a cheque in an HDFC bank branch directly, you can create a ticket below by attaching a scanned copy of the cheque or the debited bank statement which includes your bank account number. Once confirmed, we will have your trading account updated.
Note: In case of cheque payments, a charge of up to Rs. 350 would be levied as in case your cheque bounces.