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FUND TRANSFER




As a customer of TradingBells, you have the below options to transfer funds to your trading account:


Method

Bank Account

Process

Time taken

  1. UPI

UPI Enabled Bank

Login to your online trading software and transfer using the UPI Transfer. Enter the amount and UPI ID. IIFL Markets will send a collect request to the Virtual Payment Address (VPA). You will receive a mobile notification in your UPI app. Accept it and the payment is complete!

1-2 Minutes

  1. IMPS

You may transfer only from your Registered Banks with us.

Transfer online through internet banking . Your trading account shall automatically reflect the balance transferred almost instantly.

1-2 minutes during market hours

Important points to note

  • As per required guidelines, you can only transfer funds from your registered bank account with TradingBells
  • We are one of the few brokers to maintain a single bank account for both Equity and Commodity, which means you do not need to transfer between your Equity and Commodity Accounts separatly. Bank Account details are mentioned below.
  • As per the regulations, we cannot accept Cash transfers or transfers through Debit or Credit Cards.
  • You can place a fund withdrawal request by entering your details here or by sending an email to support@tradingbells.com stating your Client ID, amount to be withdrawn and the segment (Equity / Commodity).
  • Funds transferred through the payment gateway takes 24 hours to settle, therefore same day payout request cannot be processed for such cases.
  • In case of Intraday trading, funds are available for withdrawal only after T+1 days. In case of selling your holdings, funds are settled on T+2 days, and cannot be withdrawn before that.
  • All withdrawals are processed at 9 AM on Mondays to Fridays and any withdrawal request placed after this time will be processed on the next working day.
  • Funds may take up to 24 hours to be credited to your bank account once they are processed by us.

Issued in the interest of investors: Prevent Unauthorised transactions in your trading and Demat account. Update your mobile numbers/email IDs with Tradingbells. Receive alerts and information of all debit and other important transactions in your trading and Demat account directly from Exchange/Depository on your mobile/email at the end of the day. KYC is a onetime exercise while dealing in securities markets. Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries of refund as money remains in investor's account.

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