How do I add money to my trading account using IMPS, NEFT, RTGS or UPI?
You can use any of the available banking modes NEFT/RTGS/IMPS/UPI for funds transfer. In the case of UPI, refer to this article – How do I add money instantly to my trading account using UPI?
You just have to login to the netbanking portal of your registered bank account and add ‘Fyers Securities A/c’ as a beneficiary as mentioned below:
You can now transfer the funds through IMPS/NEFT/RTGS, and the funds will be updated automatically in your trading account. You will also receive an email confirmation and instant push notification.
Please note that IMPS transfers will be credited instantaneously whereas funds transferred through NEFT/RTGS can take up to 2 hours to reflect in your trading account. Earlier, on transferring the funds, clients had to intimate our support team through an Email to firstname.lastname@example.org or call our support number. However, based on the feedback from clients, we have successfully automated the banking process.
We recommend UPI transfers through our Instant Payment Gateway. However, the process is still manual for those clients who prefer to add funds through UPI by adding FYERS as the beneficiary.
Can I transfer money using UPI to my trading account?
Yes, funds can be transferred through UPI, and there are other options also available NEFT/ RTGS/ IMPS along with their Instant Fund Transfer from the portal. Find this for more info – How do I add money instantly to my trading account using UPI?
How do I add funds/money instantly to my trading account using UPI?
Transferring funds using UPI is quite simple; we have described the steps involved in the process below. Also, the process remains the same for the mobile App. Step 1: Go to the “Fund Transfer” tab on FYERS Web/Market app to arrive at the below page. ...
Why is the the money added using UPI not reflecting in Trading account?
The funds transfer online through net banking or by filling the NEFT/RTGS form at your bank branch. Your trading account shall reflect the balance transferred within 2-4 hours while IMPS Transfers shall automatically reflect the balance transferred ...
Can I add money to Trading account using cash or demand draft?
No, we don’t accept the Cash and Demand drafts. You will have to transfer the funds using Instant Payment Gateway or NEFT/RTGS/IMPS/UPI or make cheque transfer. Please Note: As per SEBI rules, we cannot accept Cash transfers or Paytm, or any other ...
How do I add money to my Trading account using a cheque?
You can transfer the funds using Cheque by depositing it in your nearest HDFC bank branch. The bank details are here. You will need to write ‘Fyers Securities’ as a payee to transfer money to your Trading account. It totally depends on the bank; it ...