Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

What is Zerodha retention statement?

Zerodha Account Opening

Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.

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'

 

Open Instant Account in 15 Minutes Open Instant Account - Start Trading Today