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You could transfer money to the Edelweiss account using multiple ways including UPI, Net Banking, and cheque/DD. For online trading account holders, UPI or Payment Gateway is allowed whereas cheque/DD is allowed for offline account holders.
The amount transferred through UPI or online payment gateway (net banking) is available instantly in the Edelweiss trading account for investing.
Fund transfer using UPI is free. To transfer using UPI, you would need a UPI ID. The UPI ID can be created by downloading the BHIM UPI app or the mobile app of your bank. You have to update your UPI ID under your profile by clicking the 'See Profile' link in the the top right.
Steps for Fund Transfer using UPI in Edelweiss
Steps for Fund Transfer using Net-Banking in Edelweiss
Fund transfer Cheque/DDTransfer to Edelweiss Account
You can also transfer funds to your Edelweiss demat account by drawing a cheque in favour of Edelweiss Broking Limited. However, this facility is only provided to customers who have an offline trading account.
In case of cheque payment, your money will be credited to your demat or trading account only after the cheque is cleared. This may take 2-3 days.
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