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 Zerodha account to your linked bank account immediately, with no charges.
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
-
No pending or executed orders other than
Longterm (CNC)
sell or
MTF
sell orders, and no open positions other than overnight positions
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
-
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
- 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.