Using Debit and Credit Cards for FYERS trading Account Deposits

Can I fund my trading account using a Debit or Credit card?

No, FYERS does not support funding of trading accounts through debit or credit cards. As per SEBI regulations, all fund transfers must be made via approved digital banking methods linked to your registered bank account. This ensures every transaction is secure, traceable, and fully compliant.

Accepted payment methods

You can fund your FYERS trading account using any of the following verified channels:

  • UPI (Unified Payments Interface)
  • IMPS (Immediate Payment Service)
  • NEFT (National Electronic Funds Transfer)
  • RTGS (Real-Time Gross Settlement)
  • NetBanking via registered accounts

The following methods are not permitted:

  • Debit or credit cards
  • Wallet-based payments (e.g., Paytm, PhonePe)
  • Cash deposits or demand drafts

What if…

ScenarioWhat you can do
I tried using a debit or credit cardThe payment will not be processed. Please use UPI, NEFT, IMPS, or NetBanking from your registered bank account.
I used a payment app linked to my cardEnsure your UPI or NetBanking source is a bank account that is registered with FYERS. Wallets and card-linked sources are not accepted. Learn more.
I want a quicker methodUse FYERS' Payment Gateway via UPI for bank-verified transfers.
For smooth and fast fund transfers, always use your registered bank account and avoid using any wallet or card-based route.

Last updated: 21 Aug 2025