If you encounter the
Instant Payouts window is closed
error before 9 AM, or if this error persists after 9 AM, close the Console withdrawal page and retry after 15 minutes.
Zerodha's instant withdrawal feature allows you to withdraw money from your account to your primary bank account immediately, with no charges. You can withdraw between ₹100 and ₹2,00,000 once per day between 9:00 AM and 4:00 PM.
Requirements for instant withdrawal
To use instant withdrawal, you must meet these conditions:
- Submit your request only once per day between 9:00 AM and 4:00 PM on all days, including weekends
- Withdraw a minimum of ₹100 and maximum of ₹2,00,000 per day
- Have no orders (pending, executed, rejected, or cancelled) or positions (open or closed) other than Longterm (CNC) sell executed orders
Example scenario
- Mrs. Aditi has ₹2,00,000 withdrawable balance.
- She has no open orders or positions.
- She places a withdrawal request at 10:30 AM for ₹95,000, which processes immediately.
-
She places another withdrawal request at 2:30 PM for ₹20,000. This request gets rejected because only one instant withdrawal is allowed per day.
How to place an instant withdrawal request
- Tap on your user ID.
- Tap on Funds.
- Tap on Instant.
- Enter the amount. (minimum ₹100, maximum ₹2,00,000).
- Tap on Continue and then on Confirm.
Things to keep in mind
- You cannot use instant withdrawal for money you added during the same day
- If any segments have cancelled orders, except for equity CNC sell orders, instant withdrawal will be unavailable
- Credit from the previous day's sale of holdings will not be included in your withdrawable balance on settlement, and trading holidays, and weekends. For example, credit from holdings sold on 17/05/2024 (Friday) will be available for withdrawal only on 21/05/2024 (Tuesday), since 20/05/2024 (Monday) is a settlement holiday
- Paytm Payments Bank currently does not support instant withdrawal
- If your instant withdrawal fails, you must place a regular withdrawal request, as instant withdrawals are only allowed once per day
- Your withdrawal amount must be a whole number without any decimal value
- Your withdrawable balance on Console will not update immediately after you withdraw money using instant withdrawal
- If you have linked an Orbis account to Zerodha, you cannot use the instant withdrawal feature.
- You can use instant withdrawal even if you have open Good Till Triggered (GTT) orders.