Funding NRE account
Your trading account is funded directly based on the balance available in your PIS Bank Account. We receive the PIS balance from your bank and update the same in our Risk Management System (RMS). Please note here that we receive the balance file from your banker only once a day. Usually it is sent end of the given working day after all the transactions for the day are completed at Bank. Hence any transfers you make to your PIS account after the file upload for the day or during holidays may not be captured in our RMS.
Note: If the bank is unable to send the Balance file on any given working day on time, we will use the previous day's balance file sent by the bank.
So kindly ensure that your PIS account is sufficiently funded on the previous working day itself.
Funding NRO account
You may fund your NRO trading account by transferring funds from your bank account that is linked to your trading account.
Click here to know the various modes in which you can transfer the funds to your trading account. Transfers thus done are updated spontaneously in your trade account.
Funding of F&O account
Funds are to be transferred to Stock Holding Corporation of India. An email with the fund transfer screen shot has to be sent to Stock Holding and Tradeplus intimating about the transfer. The funds will be updated in the Trading system once Stock Holding Corporation confirms receipt in its bank account.