Can funds be transferred using digital wallet?

   Can funds be transferred using digital wallet?

  • No, funds cannot be transferred using digital wallet.
  • As per regulations, funds can be transferred only through the trading app and other approved payment methods as:
    1. UPI
    2. Net banking
    3. NEFT, IMPS or RTGS.    
  • This is applicable to all brokers.     
  • As per regulations, funds should be transferred only from the verified bank accounts of the customer.
  • However, funds can be transferred using UPI.