What is Zerodha retention statement?

Zerodha Account Opening

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

NRI Form ⇒

As per SEBI guidelines, every broker must transfer any excess funds lying in your trading account back to your bank account once in a quarter. However, he can retain funds for the margin requirements of open positions. If funds retained, Zerodha needs to send an explanation which is called 'Retention Statement'

Open Instant Account - Start Trading Today

Topic: Zerodha Trading Software Review

Comments

Add a public comment...

Find more questions on this topic

Is Zerodha Kite free?
What is Zerodha cover order?
What is LMT in Zerodha?
Does Zerodha allow BTST?
What is GTT in Zerodha kite?
Does Zerodha allow short selling?
What is T1 in Zerodha holdings?
What is Zerodha Kite Connect?
What is validity in Zerodha Kite?
What is Payin in Zerodha Kite?
What is the withdrawable balance in Zerodha?
What is Zerodha free cash?
What is LTT in Zerodha?
What is disclosed quantity Zerodha?
What is P&L Zerodha?
What is RMS in Zerodha?
How to short sell in Zerodha?
How to buy shares on Zerodha?

Ask Your Question