How to transfer money to Edelweiss Demat Account?

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Are you a day trader?

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

  1. Login to the Edelweiss website or mobile app
  2. Click on the 'Buy/Sell' in the top right
  3. Click on the 'Transfer Funds' link
  4. Choose payment mode as "UPI"
  5. Enter the amount and click 'Submit'
  6. You will receive a UPI payment mandate.
  7. Go to your UPI app, and authorize the transaction.

Steps for Fund Transfer using Net-Banking in Edelweiss

  1. Login to the Edelweiss website or mobile app
  2. Click on the 'Buy/Sell' in the top right
  3. Click on the 'Transfer Funds' link
  4. Choose payment mode as "Net Banking"
  5. Enter the amount and click 'Submit'
  6. You will be taken to your bank's internet banking website page.
  7. Login and approve the transfer.

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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