Fund Transfer
Choose from multiple convenient methods and feel confident your money is secure
Fund Transfer Options
| Sr No | Method | Description | No. of Bank available | Charges if any |
|---|---|---|---|---|
| 1 | Net Banking Payment Gateway | Transfer funds from Trading Application using Net Banking Payment Gateway Option | 30 | Rs 9 + GST (Free for HDFC and Yes Bank) |
| 2 | UPI (VPA) Payment Gateway | Transfer funds from Trading Application using UPI Payment Gateway Option | All banks who provide UPI (130+) | Free |
| 3 | Virtual VPA (UPI) |
Transfer funds using UPI App. Add personalised VPA, which is PROSTOCKS1.XXXXX@HDFCBANK XXXXX stands for 5 digits alphanumeric code of client at ProStocks. |
All banks who provide UPI (130+) | Free |
| 4 | Virtual Bank Account Number |
Transfer funds using Net Banking. Add Beneficiary Name: Sunlight Broking LLP XXXXX stands for 5 digits alphanumeric code of client at ProStocks. Transfer funds using NEFT / IMPS / RTGS. |
All Banks | Free |
Note: Fund transferred are updated instantly irrespective of the method you choose.
Payment Gateway on ProStocks Trading Apps
ProStocks clients can transfer funds from the following 30 Banks from trading application. Credit is given instantly.
Fund withdrawals from your trading account
You can place a fund withdrawal request by using following ways.
- Using Back Office Application
We always advise clients to submit a payout request from Back-office payout request menu. The advantage here is that you will see three Balance
- Balance due today
- Balance due day after
- Balance due day after tomorrow.
You need to submit a request for the balance due today minus all future debits. This way you will always know how much is due today and you will get.
Trading Application will show you margin available from the view that you can buy if you wish to and not from the point of the amount due for withdrawal.
- Using Trading Web Application
- Using Trading Desktop Application
- Using Trading Mobile Application
All fund payout request received up to 3 pm on working day (Monday to Friday) are processed at 7 PM Monday to Friday and funds are credited to your Primary Bank Account by end of next working day.
Withdrawal requests can only be placed online, and may take up to 24 hours to be credited to your bank account.
All withdrawal requests placed after the above stipulated times will be processed on the next working day.
Fund withdrawals are completely free and are credited only to your primary bank account.
FAQs
List of banks through which client can transfer funds to trading account using payment gateway option are:
| AXIS BANK | Federal Bank | Karur Vysya Bank |
| Bank of Baroda Net Banking Corporate | HDFC Bank | Kotak Mahindra Bank |
| Bank of Baroda Net Banking Retail | ICICI Bank | Lakshmi Vilas Bank Net Banking |
| Bank of India | IDBI Bank | Punjab National Bank - Corporate |
| Bank of Maharashtra | IDFC FIRST Bank Limited | Saraswat Bank |
| Central Bank of India | Indian Bank | South Indian Bank |
| City Union Bank | Indian Overseas Bank | State Bank of India |
| CSB Bank | Indusind Bank | Tamilnad Mercantile Bank |
| Deutsche Bank | Jammu and Kashmir Bank | Union Bank of India(Erst. Corporation Bank) |
| Dhanlaxmi Bank | Karnataka Bank | Yes Bank |
There is no limit on funds transfer through payment gateway.
Charge of Rs 9 plus GST applicable per fund transfer using Payment Gateway
Go to fund transfer menu inside NOW trading application ( Desktop, Browser and Mobile all three ) and do fund transfer. Presently only HDFC Bank is available for online fund transfer. There are no charges for fund transfer through NOW Trading Application.
You may do fund transfer to us, whichever may be your bank, through RTGS , NEFT , IMPS and fund transfer from HDFC to HDFC in our HDFC Bank Account Number given http://www.prostocks.com/fund-transfer.html on our website. Fund transfer is completely free at our end for this mode.