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Kalpalabdhi Financials
Fund Transfer

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Deposit of Funds

Investors are requested to note that Stockbroker (Kalpalabdhi Financials Private Limited.), is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stockbroker (Kalpalabdhi Financials Private Limited.) is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.”

Details of Client Bank Accounts which can be used by client to transfer funds to
Kalpalabdhi Financials Private Limited by IMPS/RTGS/NEFT. Segments – NSE/BSE (Cash & FO)

Sr No. Account Name Account Number IFSC Code Branch
1 KALPALABDHI FINANCIALS PRIVATE LIMITED - USCNB ACCOUNT 57500000554160 HDFC0000060 Fort
2 KALPALABDHI FINANCIALS PRIVATE LIMITED - USCNB ACCOUNT 57500000187618 HDFC0000060 Fort

Ways to Transfer Funds-

Transfer funds instantly from the registered bank account using UPI for free. All UPI transfers must be initiated from the trading app or trading web portal. Kalpalabdhi does not accept digital wallet transfers or transfers directly from UPI apps.

Funds can be transferred instantly through net banking. ₹15 + 18% GST will be charged for such transfers.

Kindly ensure that correct details are entered before initiating the fund transfer.

Kalpalabdhi does not accept any deposits via cash or Demand Draft (DD).

The time taken for the funds to be updated depends on the mode of fund transfer.

Method Time taken Charges
UPI Instant Free
Payment gateway Instant ₹15 + 18% GST
NEFT/RTGS Within 2 hours Free at Kalpalabdhi, bank charges may apply
IMPS Within 15 minutes Free at Kalpalabdhi, bank charges may apply
Cheque 3 to 5 working days Free

If the funds don't show up in the Kalpalabdhi account within the time described above, it may be because the funds were transferred from an unregistered bank account or that Kalpalabdhi hasn't received the bank account details from the remitting bank.

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Withdrawal of Funds

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• Fund withdrawal requests can be placed from the mobile app or web trading.

• Funds transferred cannot be withdrawn on the same day.

• Fund withdrawal requests are processed at cut-off times shown in the table below. If the request is placed before the cut-off time, the funds are typically credited to the bank account within 24 hours from the cut-off time. If the request is placed after the cut-off time, it takes an additional working day (up to 48 hours in total) for the funds to be credited to the bank account.

Withdrawal day Cut-off time for equity, FO
Weekday 3:30 PM
Sat/Sunday or public holiday Withdrawal is processed on the next working day

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