Console Funds statement / Ledger

Mon, 11 May 2026 00:00:00 +0000

Overview

The Console Funds statement – also referred to as the Ledger within Zerodha Console – is a transaction-by-transaction record of every monetary entry that affects a client’s trading account. It is the cash equivalent of the demat statement: whereas the demat statement tracks securities, the Funds statement tracks the rupee balance in the account. Every fund transfer in or out, brokerage and statutory charge debit, exchange settlement credit or debit, and quarterly settlement transfer appears as a dated row.

Quarterly settlement (running account settlement)

Mon, 11 May 2026 00:00:00 +0000

Overview

Running account settlement (also called quarterly settlement in common usage) is the regulatory framework mandated by SEBI under which stockbrokers are required to periodically transfer the credit balance lying in a client’s trading account back to the client’s registered bank account. The term “running account” refers to the practice of maintaining an ongoing (running) balance in the trading account rather than settling it to zero after each trade, which allows clients to use existing funds for the next trade without having to transfer money repeatedly.

Running Account Settlement on WebNotes

Console Funds statement / Ledger

Overview

Quarterly settlement (running account settlement)

Overview