How to add Zerodha as a beneficiary in HDFC netbanking

Wed, 01 Jul 2026 00:00:00 +0000

To add money to Zerodha by a bank transfer rather than UPI or the payment gateway, your bank must first hold Zerodha as a saved payee. On HDFC Bank netbanking this is not the ordinary “add an account” step, because Zerodha collects client funds into a pooled electronic collection account, so it is added through the Add a Merchant (eCMS) Payee option instead. Once the payee is active, an IMPS, NEFT, or RTGS transfer routes into the Zerodha pool account and is credited to your trading balance. This guide covers the exact HDFC option, the details to enter, the activation window and first-day limit, the same method on other banks, and the one HDFC issue that stops a transfer from reflecting.

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How to add Zerodha as a beneficiary in HDFC netbanking