This section shows your Funds related information.
To access it, Goto Menu - > Funds. The sections show the below information in a glance
- Ledger Balance
- Today’s Balance
- Today’s Pay -In - Today’s deposit value
- Today’s PayOut - Today’s withdrawn value
- DP Charges - Depository Charges
- CFS (Credit for Sell)- This value is today’s Sell Holding Benefit
- Future Bill Cr/Dr - This value gives unsettled bill amount
- Margin Against Assets -
- Early PayIn - 80% of the Sell Holding Value of your Holding given to user on T+1 day
- Margin Against Holding - Margin received on pledging of stocks, MF, etc
- Margin Utilized - This value is summation of M2M, Booked Loss, Margin required for Open positions, Margin Required for pending positions
- Available for Trading - This value is summation of Ledger Balance - Future Bill Dr + Margin Against Assets - Margin Utilized.
How to Deposit or Withdraw Funds
1. Deposit
Tapping DEPOSIT will bring up the Pay-in page. Below information needs to be entered
- AMOUNT – Enter the amount
- TRANSFER MODE – Select from UPI or Net Banking
- UPI ID - Enter UPI ID and Tap VERIFY
- Bank Details - > Select the Bank you’d like to transfer from. Your default selected account will be shown unless you want to change it
- Tap DEPOSIT
Process via UPI
Process via Net Banking
2. For NEFT or RTGS
Use the 'Do you want to opt for NEFT/RTGS?' Press 'Click Here'
This will open up the page showing the details of Choice Broking’s bank account details for Equity / Commodity for NEFT / RTGS transfer.
Important Note:- After you make the deposit, please the below details to b.accounts@choiceindia.com for us to track the transaction:
- Client Name & Mobile Number
- Client ID
- Segment (Equity/Commodity)
- Deposited Amount
- Deposit reference number in case of RTGS/NEFT
- Cheque Deposit slip & Cheque Copy in case of cheque deposit
Note:- The amount will only be credited into your account once the transaction is verified
3. Withdraw
- Enter the amount
- Default bank will be selected. Change from here if you’d like to send to some other account (Only applicable if you have mapped multiple banks with your Demat A/c)
- Tap WITHDRAW
Note: You will receive an acknowledgement SMS and email from Choice. It takes T+2 days for the amount to be credited into your account.