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When you login on the menu you can see a withdrawal request... Mention the amount you have to withdraw and save it... that's it..
if v have requested for a payout..how many days does it take to get credited to our account?plus some brokers dont allow margin trading for 2 days once the payout has been requested..is it same in ur firm also?
 

Zerodha

Well-Known Member
Hi Sachin,

Can I contact "ZerodhaOnline" Hyderabad, I heard they are your franchise?
We don't have a concept of sub-broker like every broker in the country, this means no one gets a right to place orders on your behalf.... Yes you can touch with them, they are one of our marketing partners and help us in account opening only... Cheers...
 

Zerodha

Well-Known Member
if v have requested for a payout..how many days does it take to get credited to our account?plus some brokers dont allow margin trading for 2 days once the payout has been requested..is it same in ur firm also?
All the withdrawal requests are processed online, we process them everyday at 6.30 pm... If it is HDFC it happens same evening, for all other banks, it can happen same night or latest before next day afternoon...

We will never stop your margin trading as long as there are funds in your account... So assuming you have 1000rs and you withdrew 500rs.. the 500 rs will come to your bank account tomorrow, the remaining 500rs in the trading account can be used for margin trading on the same day...
 

gunavadhi

Well-Known Member
As a Zerodha Associate you keep earning for life every time a trader that you have referred trades with us. Every trade executed by a referral ensures that a sum of Rs 2 is automatically credited into your account. What's even better is that there is no limit on the number of traders that you can refer, meaning the more referrals you make, the more earning potential you can realize.

The table below illustrates how much you can potentially earn by becoming a Zerodha Associate.


anybody here refered somebody and got creditted for his trades?


nobody can answer this?
 
Everybody read this Article published on 'The Economic Times' on 24th Sept. 2009.

NSE cuts charges further for rural, semi-urban traders

MUMBAI: The National Stock Exchange (NSE) on Wednesday announced a further reduction in transaction charges for trading members having operations in semi-urban and rural areas. The exchange, which recently reduced transaction charges by about 10% in the cash and futures segment, has decided to waive transaction charges equivalent to the annual Very Small Aperture Terminal (VSAT) charges levied by the exchange. Currently, annual VSAT charges stand at Rs 1 lakh. NSE VSATs around 2900 are those provided by the exchange.

The latest waiver means that on a transaction charge of Rs 3 per lakh (effective October 1, 2009) of the traded value in the cash market segment, a trading member will get an exemption of up to Rs 333-crore turnover annually. Similarly, on a transaction charge of Rs 1.75 per lakh (effective October 1, 2009) of the traded value in the F&O segment, a trading member will get a waiver of up to Rs 571 crore of the annual turnover.

The move is expected to benefit small and medium size brokers who have presence in rural areas or are setting up offices there. Many small brokers in smaller towns do less than Rs 1-crore turnover per day. So effectively, this means that they wont be charged a transaction fee by the exchange. This benefit will also be passed on to retail investors, said an Ahmedabad-based broker.

NSE VSATs are located or likely to be located in towns other than the municipal limits of Mumbai (including Thane and Navi Mumbai), New Delhi (including NOIDA and Gurgaon), Kolkata, Chennai, Ahmedabad, Hyderabad (including Secunderabad) and Bangalore will be considered eligible.

NSE has provided the VSAT and point of presence (PoP) infrastructure at reduced cost to members. The PoP infrastructure reduces the cost to members, gives increased bandwitdth, facilitates faster market update and enables high availability through redundancy. To cater to members located in smaller regions, NSE is also providing mini PoP also.
 
on 12/jan/2011 i have send a form to u guy's when i enquire u got on friday (after 1 day) but till today my account is not open yet what the problem????????????????????????? can u tell:confused::confused::confused::confused::confused::confused:
 
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