Zerodha weekly statement email

The Zerodha weekly statement email is an emailed statement of a client’s funds ledger and securities holdings that Zerodha sends once a week to comply with exchange circulars requiring brokers to issue a statement of accounts and a register of securities to every client at weekly intervals. It is a record, not a demand: it restates your money balance with the broker, the shares and other instruments in your demat account , and any trades that have not yet settled. It carries no payment request and asks for no action in the normal case.

Because brokers send so few proactive emails, the weekly statement is one of the more visible communications a Zerodha client receives, and that visibility makes it a target for impersonation. This article explains what the statement contains, the exchange and SEBI framework that mandates it, how to read the pending-obligations section that confuses most readers, how it differs from the quarterly running-account settlement that actually moves money, and how to confirm a given email is the genuine article rather than a phishing copy.

Conflict-of-interest disclosure. This guide is published by the WebNotes Editorial Team for informational purposes and is written independently. WebNotes operates a Zerodha account-opening referral programme, disclosed on the pages that carry the referral link; this guide does not carry it and earns no referral commission.

What the statement contains

The weekly statement covers two registers that an exchange-registered broker must keep for each client and share periodically.

The first is the funds ledger: the running record of money movements between you and the broker. It shows credits (funds you added, sale proceeds, dividends routed through the trading account), debits (purchases, brokerage, statutory charges), and the closing balance for the period. The second is the register of securities, that is, the holdings: the shares, ETFs , bonds and other instruments lying in your demat account, with quantities. Zerodha’s support page describes the statement as containing the details of fund transactions and holdings for the week.

The reporting window runs across the week, and Zerodha’s worked example uses a Monday-to-Saturday equity statement. Equity and commodity segments are reported separately, mirroring how Zerodha keeps the two ledgers and settlements distinct. The statement is a snapshot of position and balance, not a profit-and-loss report; realised and unrealised profit and loss is a separate Console report, not the purpose of this weekly mail.

Pending obligations: the part that confuses readers

The line item that prompts the most queries is “pending obligations”. These are trades you have executed but that have not yet settled, so the securities or funds have not finally moved.

Indian equity settles on a T+1 basis, one working day after the trade. So a delivery purchase made on a Friday has not settled when the Saturday statement is generated; it sits under pending obligations until it clears on the next working day. Zerodha’s own example uses exactly this case: shares bought on Friday 5 March 2021 appear under pending obligations on the statement dated Saturday 6 March 2021 because they have not yet settled. Trading holidays push the settlement date out and can make a trade linger in this section a day or two longer than a reader expects.

Pending obligations are therefore normal and self-clearing. They are not an error, a shortfall, or a payment you owe; they are the system telling you a recent trade is mid-settlement. Once settlement completes, the holding moves into your securities register and the obligation drops off the next statement.

Why the statement is mandatory: the regulatory basis

The weekly statement is not a courtesy or a marketing touch. It exists because exchange and SEBI rules require a broker to give each client a periodic account of the funds and securities it holds for them, so the client can reconcile the broker’s records against their own.

Zerodha’s support page attributes the weekly cadence to an exchange circular and links the relevant NSE circular. The broader framework sits in SEBI’s running-account and client-funds rules, which require brokers to maintain client funds and securities separately, to report them to clients, and to settle idle funds back periodically. The weekly statement is the reporting limb of that framework; the quarterly settlement is the settlement limb. Because the obligation is on the broker, the statement is not an opt-out email: you cannot ask Zerodha to stop sending it without the broker falling short of its regulatory duty.

The reconciliation purpose matters for your own protection. If the funds or holdings in the emailed statement do not match what you see when you log in, or what your CDSL consolidated statement shows, that mismatch is the signal to raise it with the broker promptly. The statement gives you the cross-check; the consolidated account statement from the depository gives you the independent second view.

How it differs from quarterly settlement

Readers often conflate the weekly statement with the quarterly settlement because both concern funds. They are different mechanisms with different effects.

The weekly statement is information: it tells you what the broker holds for you. Nothing moves because of it. The quarterly running-account settlement is action: under SEBI rules the broker transfers the idle credit balance in your trading account back to your primary bank account once a quarter, on the first Friday of the quarter, retaining only funds against your open-position margin obligations. Zerodha may retain up to a margin-linked amount tied to your end-of-day positions; the rest is swept back. A relaxation applies to small balances: where a client’s running-account balance is below Rs 10,000, or where there has been no trading in the period, the account is treated as settled without a forced transfer, per the applicable NSE circular.

So the weekly statement reports your balance; the quarterly settlement is when a chunk of that balance actually lands back in your bank. A client tracking “when will my money come back” should look at the settlement schedule on console.zerodha.com/funds/overview, not at the weekly statement. Zerodha, unlike some traditional brokers, does not hold client stocks in a pooled account; securities stay in your own demat account at CDSL.

Verifying the email is genuine

Because the statement is a recurring, expected email, a phishing copy that mimics it can slip past a hurried reader. The verification is the same as for any Zerodha mail and turns on the sender domain.

A genuine weekly statement comes from a Zerodha domain, typically reportsmailer.zerodha.net, which is on Zerodha’s published authorised-sender list. If the domain after the @ sign is anything other than a zerodha.com or zerodha.net address on that list, the email is not from Zerodha regardless of how the statement looks. Never log in through a link inside the email; the statement never needs you to log in to view it. To confirm the figures, open console.zerodha.com yourself and read your Funds and Holdings sections, where the same ledger and securities data is shown. The full method, including the complete domain list and what Zerodha never asks for, is set out in how to verify whether an email is genuinely from Zerodha . If a statement email comes from a wrong domain, report it through a support ticket rather than clicking anything in it.

See also

• Zerodha
• Zerodha Console
• How to verify whether an email is genuinely from Zerodha
• How to read the funds statement on Console
• Console funds statement
• Console holdings report
• Console tax P&L statement
• Consolidated account statement
• CAS from CDSL
• How to download the capital gains statement at Zerodha
• Demat account
• CDSL
• SEBI
• Exchange-traded fund (India)
• Contract note
• Contract note at Zerodha
• Electronic contract note
• Exchange weekly funds and securities email
• Clearing-corp fund allocation email
• Zerodha trade SMS alerts
• How to fix not receiving emails from Zerodha
• How to create a ticket at Zerodha
• Zerodha investor charter
• How to reconcile a missing fund credit at Zerodha
• Free cash meaning on Zerodha

External references

• Zerodha support: Why does Zerodha email a weekly statement?
• Zerodha: Quarterly settlement of funds and securities (Z-Connect)
• Zerodha support: What is quarterly settlement (running-account settlement)?
• SEBI master circular for stockbrokers (client funds and running account)
• National Stock Exchange of India circulars

References

1. Zerodha support, Why does Zerodha email a weekly statement? (statement of fund transactions and holdings; pending-obligations example; NSE circular link), as of 20 June 2026.
2. SEBI master circular for stockbrokers, provisions on maintaining and reporting client funds and securities and on running-account settlement.
3. SEBI circular on settlement of running account of client funds, SEBI/HO/MIRSD/MIRSD_DPIEA/P/CIR/2022/109, 27 July 2022, and subsequent updates.
4. NSE circular on weekly statement of accounts and small-balance relaxation (running-account settlement below Rs 10,000).
5. Zerodha, Quarterly settlement of funds and securities, Z-Connect (first-Friday-of-quarter sweep; retention against margin; equity and commodity settled separately).