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Fund Transfer
01 July 2020
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Why ProStocks charges for Funds Payin? Why ProStocks charges for Funds Payout? How many methods are there for Funds Payin? How many methods are there for Funds Payout?

ProStocks provide multiple methods for Funds Payin as listed below and except one all method are free.

  1. Login to your any UPI App like SBI Yono or Google Pay or Phone Pe, Add VPA prostocks1.xxxxx@hdfcbank where XXXXX is your 5 digit Alpha Numeric Client Code (Please replace xxxxx with your Client Code) and do fund transfer. Fund transfer is FREE. Virtually zero failure. Funds are received real-time and limits gets updated in few minutes. This option is available to Resident as well as NRO Account.
  2. We do not charge Funds Payin from UPI Payment Gateway.
  3. We do not charge for Funds Payin through Virtual Account Number System in your case SUNLIGHTXXXXX where in XXXXX is your 5 digit alpha numeric client code.
  4. We do not charge Funds Payin through NEFT, RTGS, IMPS using Virtual Account Number System. We do not charge for HDFC Bank, client doing Funds Payin using ECMS option in their net banking login.
  5. We do not charge Funds Payin through Dynamic VPA in your case Funds Payin to PROSTOCKS.XXXXX@HDFCBANK where in XXXXX is your 5 digit alpha numeric client code
  6. Net Banking Payment Gateway Company charges us Rs 9 Plus GST for each transaction done through net banking payment gateway and pass on to client, as Client has 6 otherways to avoid this charge.
  7. Free for HDFC Bank and Yes Bank account holder.

  8. Funds Payout request can be placed from all the Trading platforms. (Mobile, Web and Desktop). There are no charges for funds withdrawal.


Related Question

How do I transfer funds to and from my ProStocks trading account?

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  • Guest - raj

    about 1 year ago

    For Bank to Bank Transfer through internet banking, there is only two private banks such as HDFC and Yes Bank. Apart from private banks, you are requested to arrange atleast any one Public Sector Bank as per your choice. I suggest you that, instead of YES bank, you may consider the No:1 bank in india suchas SBI which is also PSU. You may try to publish either in your website (or) in your offline Demat + Trading Account Application Form regarding the Account Number and IFSC code of SBI. sothat customer can transfter the pay-in using Bank to Bank Transfer through SBI internet banking ?

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