Zerodha Account Opening
Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O
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As per SEBI guidelines, every broker must transfer any excess funds lying in your trading account back to your bank account once in a quarter. However, he can retain funds for the margin requirements of open positions. If funds retained, Zerodha needs to send an explanation which is called 'Retention Statement'