1: What is the 24x7 Instant Withdrawal?
24x7 Instant Withdrawal is a feature that allows you to withdraw the funds from the Zerodha Overnight Fund and receive the credit in your bank account within minutes. This facility is available 24x7 via official WhatsApp channel by Zerodha Fund House (+91-9845335486).
2: How is it different from standard withdrawal?
24x7 Instant Withdrawal allows you to withdraw the funds from your investment in Overnight Fund up to allowed limit, in just minutes. It allows you to withdraw funds immediately in case of any emergency.
3: Who can use the Instant Withdrawal facility?
Any individual investor invested in Zerodha Overnight Fund via non-demat folio can access this facility 24x7 daily via official WhatsApp channel by Zerodha Fund House (+91-9845335486).
4: Can I use this if I hold my mutual fund units in Demat form?
No. This facility is for investors holding units in Statement of Account (SOA) mode or non-Demat folio. If your folio is a Demat folio, the Instant Withdrawal option will not be visible/ accessible to you.
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