Kotak Neo Account Opening

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

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How to withdraw money from Kotak Neo?

You can withdraw funds from your Kotak Neo online through Kotak Neo web or mobile trading platform in a few steps:

Steps to withdraw money from Kotak Neo:

  1. Login to your Kotak Neo account.
  2. Look for the More option at the bottom of the screen. (in the Mobile App)
  3. Click on Funds.
  4. Go to the Fund Transfer tab.
  5. The screen will display From Bank to Trading Fund as for fund transfer.
  6. Click on the button placed in between to swap the fund transfer option from Trading to Bank.
  7. Click on Proceed.
  8. Review the Bank details.
  9. Enter the amount for withdrawal.
  10. Click on Confirm.

Points to Note:

  • The transfer request gets executed on the next business working day.
  • The margin and exposure requirements get checked before the transfer is allowed.

 

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