Is Cheque Deposit Allowed for Fund Transfer to FYERS trading Account?
No, FYERS does not accept cheque deposits as a valid mode of fund transfer. As per our internal guidelines, all fund transfers must be completed through digital methods for faster processing and improved security.
Accepted Fund Transfer Methods
- UPI (Instant and free)
- NEFT
- RTGS
- IMPS
Cheque payments are not supported or processed by FYERS.
To avoid delays or rejections, always use approved digital methods and ensure transfers are made from your registered bank account only.
What if…
| Scenario | What you can do |
|---|
| I deposited a cheque to FYERS’ account | Contact FYERS Support immediately. The cheque will not be processed. |
| I want to make offline payments | Currently not supported. Please use online payment modes only. |
| I was told cheques are allowed | This is incorrect. Only digital transfers are accepted. |
Last updated: 12 Jun 2025
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