Guides
A growing collection of how-to guides and reference notes.
- Securities eligible for pledging on Zerodha
Which stocks, ETFs, mutual funds, G-secs and SGBs qualify as collateral on Zerodha, how the Clearing Corporation-set approved list works, and how to check a holding.
- Primary and secondary bank accounts on Zerodha
What primary and secondary bank accounts mean on Zerodha, how many you can link, which account receives deposits and withdrawals, and how to swap and manage multiple linked accounts.
- Portfolio XIRR and CAGR on Zerodha Console
How Zerodha Console computes portfolio XIRR, why it can show a dash, why it covers current holdings only, and how XIRR relates to CAGR for equity investors.
- Pledged shares and corporate actions on Zerodha
Dividends, bonus, splits and rights continue on pledged shares because they stay in your demat account. Buybacks are the exception: you must unpledge before tendering. Here is how each works.
- Margin on liquid funds by pledging on Zerodha
Pledging liquid and overnight funds on Zerodha gives cash-equivalent collateral margin that counts toward the 50% cash leg of the 50:50 rule. Here are the haircut, process and charges.
- Liquid BeES as collateral margin on Zerodha
Liquid BeES is cash-equivalent collateral on Zerodha, so its margin counts toward the 50% cash leg. Here are the haircut, dividends while pledged, the pledge process and charges.
- How to withdraw to a secondary bank account on Zerodha
How to choose which linked bank account receives a Zerodha withdrawal, and how to withdraw to a secondary bank once it is verified, with the eligibility rule and the steps on Console.
- How to withdraw funds from a Zerodha Orbis account
How a withdrawal works for a Zerodha account mapped to the Orbis custodian: it cannot be placed on Console, it uses a form, the money reaches the primary bank, and the timing depends on the cut-off.
- How to update or correct your buy average on Zerodha Console
Step-by-step guide to updating or correcting the buy average of a holding on Zerodha Console by adding a missing trade, including the ISIN and date rules and handling for shares transferred in from another demat account.
- How to sell pledged shares on Zerodha without unpledging
Step-by-step guide to selling pledged shares directly on Zerodha through a normal CNC order without placing a separate unpledge request, including eligibility, how collateral margin reduces, the square-off risk and the securities this does not work for.
- How to schedule an eMandate transfer on Zerodha
How to schedule an eMandate for automatic fund transfers on Zerodha, including timing for a Kite stock SIP and direct debit for a Coin mutual fund SIP.
- How to pledge Sovereign Gold Bonds (SGBs) on Zerodha for margin
Step-by-step guide to pledging Sovereign Gold Bonds held in demat for collateral margin on Zerodha, covering eligibility, the Console request and CDSL authorisation, the haircut, charges, and how SGB interest continues.
- How to Check How Many Demat Accounts You Hold (CDSL and NSDL)
A step-by-step guide to finding out how many demat accounts, and which ones, are held against your PAN across CDSL and NSDL, using the Consolidated Account Statement and DigiLocker.
- How to change the registered email and mobile number on Zerodha
How to update the email ID and mobile number registered on your Zerodha account through the Kite app, with the OTP and in-person verification steps, the Aadhaar e-sign, the processing time and charges, and the cases that must be done offline.
- How to authorise a pledge request on CDSL for Zerodha
Step-by-step guide to placing a pledge request on Zerodha Console and authorising it on the CDSL page with TPIN and OTP before the day's cut-off, plus how long collateral margin takes and what happens if authorisation is missed.
- How to add Zerodha as a beneficiary in HDFC netbanking
How to add Zerodha as a payee in HDFC Bank netbanking using the Add a Merchant eCMS Payee option, so IMPS, NEFT, and RTGS transfers reach the Zerodha pool account, including the activation window, the first-day limit, and the common HDFC transfer-not-reflecting issue.
- How the buy average is calculated on Zerodha Console
How Zerodha Console computes the buy average for your equity holdings using the FIFO method, with a worked example, the trade-to-trade rule and why intraday trades are excluded.
- Equity to commodity fund transfer on Zerodha
There is no separate equity-to-commodity fund transfer on Zerodha. The equity and commodity segments share one ledger balance, so funds are available across both once the commodity segment is active.
- Can you pledge bank FDs for margin on Zerodha?
Bank fixed deposits cannot be pledged for margin on Zerodha, and neither can Coin FDs or bank guarantees. Here is why, and what Zerodha does accept as collateral instead.
- Can you buy options using collateral margin on Zerodha?
How to buy options against collateral margin from pledged holdings on Zerodha: the daily charge on the collateral used, the positive-cash requirement, and the 50:50 cash rule for overnight F&O positions.
- Bank account types you can link to Zerodha
Which bank account types Zerodha allows: savings, current, and cash-credit accounts qualify, overdraft accounts do not. Rules for joint accounts, and why a relative's account cannot be linked.
- Are pledged shares safe on Zerodha?
Pledged shares stay in your own demat account under the SEBI pledge system effective 1 August 2020. Here is what the pledge does, what Zerodha can and cannot do, and where the real risks lie.
- Account value vs the performance curve on Zerodha Console
Why the account value figure and the portfolio performance curve on Zerodha Console tell you two different things, how the curve is built from a base value benchmarked against the NIFTY50, and how to read each correctly.
- Zerodha withdrawal processing time: cut-offs and when funds reach your bank
How long a Zerodha fund withdrawal takes to reach your bank account, the daily processing cut-off times, the 24-hour and 48-hour rules, weekend and bank-holiday handling, and when sale proceeds become withdrawable.
- Zerodha withdrawable balance: why it differs from your ledger
What the withdrawable balance means on Zerodha, why it is lower than your ledger or account balance, why sale proceeds are not available the same day, the reasons for a lower-than-requested payout, and what causes a negative withdrawable balance.
- Zerodha eMandate daily limit: eNACH and UPI AutoPay caps explained
Zerodha caps eNACH mandates at ₹1 crore per day and UPI AutoPay at ₹1 lakh per day. We explain both figures, flag the contradiction in Zerodha's own pages, and cover the NPCI framework limits.
- Zerodha eMandate charges: what you pay to register and run a mandate
Zerodha levies no charge for registering an eMandate or transferring funds through it. We cover the one exception, bank penalties for failed debits such as ICICI ₹500 and SBI ₹250, and the refundable ₹1 UPI AutoPay verification debit.
- Zerodha credit balance vs ledger balance: unsettled and free credit funds
What the ledger balance, credit balance and debit balance mean on Zerodha, how unsettled funds and free credit balance fit in, and why your ledger figure can differ from the cash you can actually withdraw.
- Why a Zerodha withdrawal is rejected and how to fix it
Why a Zerodha withdrawal request is rejected, what unsettled funds, same-day deposits, payment gateway delays and a negative balance mean, how you find out, and how to place a request that goes through.
- Setting up an eMandate on a joint account at Zerodha
Whether you can create an eMandate or UPI AutoPay from a joint bank account on Zerodha, why many banks disallow it, how joint, current, and NRE-PIS accounts are treated, and the net-banking beneficiary workaround for recurring transfers.