Costs of Transferring Funds to FYERS trading Account

Are there fees for transferring funds to my trading account?

No, FYERS currently does not charge any fees for transferring funds through the Instant Payment Gateway. This user-friendly change was implemented starting 28th July 2021, making it more convenient and cost-effective to fund your trading account.

Fund Transfer Charges Overview

Transfer MethodChargesNotes
Instant Payment Gateway₹0Charges waived since 28 July 2021
NEFT / RTGS / IMPS₹0 (from FYERS)Subject to your bank's own charges
UPI₹0Free of charge

Previously, a fee of ₹10 + GST was applicable for every gateway transfer, but this has been discontinued.

Tip: You can check which banks support instant fund transfers directly on the FYERS platform when initiating a deposit.

What if…

ScenarioWhat you can do
You were charged by your bankContact your bank directly as FYERS doesn’t levy any fee.
You’re unsure if your bank supports instant transfersVisit the deposit section to see real-time options and compatibility.
You used an older method and incurred chargesConsider switching to UPI or the gateway for zero-fee, faster transfers.
Last updated: 12 Jun 2025