Now Reading: Zerodha raises instant withdrawal limit to ₹5 lakh
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Zerodha raises instant withdrawal limit to ₹5 lakh
The Story in Brief
Zerodha has increased the daily limit for instant withdrawals from ₹2 lakh to ₹5 lakh, and extended the service's availability to 9 AM to 6 PM, including weekends and market holidays. The facility remains free. Co-founder Nithin Kamath announced the changes on X on 3 November, stating the brokerage has processed nearly ₹1 lakh crore through instant payouts since the facility was introduced in 2024.
Customers can submit one instant withdrawal request per day, with a minimum of ₹100. Regular withdrawals for amounts up to ₹5 crore remain available through Zerodha's Console platform, and larger sums require a support ticket. The higher limit does not affect settlement timelines or eligibility conditions such as same-day deposits or open positions.
Indian Opinion Analysis
All three outlets report the same facts, the limit rise from ₹2 lakh to ₹5 lakh, the extended 9 AM-6 PM window including weekends and holidays, and Nithin Kamath's announcement on X. Coverage is uniform straight reporting, with identical quotes and figures. NDTV Profit's version is the shortest and lacks the ₹1 lakh crore processed figure that both LiveMint and Times Now include, neither of the latter two sources omits any significant operational detail the other carries. The balanced reading is that the change is a straightforward service upgrade, with no editorial divergence to analyse. The next concrete item is the immediate effectiveness of the revised limit.
Coverage: 3 sources, 3 neutral
Sources (3): ndtvprofit.com (neutral report), livemint.com (neutral report), timesnownews.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
