Fund Transfer
Transfer funds only from the bank account registered with DP TradeKING. SEBI regulations mandate that a broker receives client funds only from the client’s registered bank account, so DP TradeKING accepts funds from your default registered bank account.
Deposit funds
There are four ways to transfer funds to your DP TradeKING account.
UPI transfer
Transfer funds instantly from your registered bank account using UPI, for free. All UPI transfers must be initiated from the DP TradeKING mobile app or web trading platform. DP TradeKING does not accept digital wallet transfers or transfers made directly from UPI apps.
Instant payment gateway
Funds can be transferred instantly through net banking from your default registered bank account, using the DP TradeKING mobile app or web trading platform. 2% + 18% GST is charged for such transfers by the Razorpay payment gateway.
IMPS / NEFT / RTGS transfer
Add DP TradeKING as a beneficiary in your registered bank account using the details below — NSE/BSE (Equity, F&O, Currency):
| Detail | Value |
|---|---|
| Bank name | AXIS Bank |
| Account title | DP TradeKING Private Limited - NSE CASH CLIENT A/C |
| Account number | 917020017725001 |
| Account type | Current account |
| Bank branch | V.V.Nagar Branch |
| IFSC code | UTIB0000038 |
Kindly ensure that the correct DP TradeKING details are entered before initiating the fund transfer. DP TradeKING does not accept any deposits via cash or Demand Draft (DD).
Cheque deposit
Cheques can be deposited in the same account — NSE/BSE (Equity, F&O, Currency):
| Detail | Value |
|---|---|
| Bank name | AXIS Bank |
| Account title | DP TradeKING Private Limited - NSE CASH CLIENT A/C |
| Account number | 917020017725001 |
| Account type | Current account |
| Bank branch | V.V.Nagar Branch |
| IFSC code | UTIB0000038 |
Time taken & charges
The time taken for funds to be updated depends on the mode of fund transfer.
| Method | Time taken | Charges |
|---|---|---|
| UPI | Instant | Free |
| Payment gateway | Instant | 2% charges for using the payment gateway + 18% GST |
| NEFT/RTGS | Within 2 hours | Free at DP TradeKING, bank charges may apply |
| IMPS | Within 30 minutes | Free at DP TradeKING, bank charges may apply |
| Cheque | 3 to 5 working days | Free |
If the funds don’t show up in your DP TradeKING account within the time above, they may have been transferred from an unregistered bank account, or DP TradeKING may not have received the bank account details from the remitting bank.
Withdraw funds
- Fund withdrawal requests can be placed from the DP TradeKING mobile app, web trading platform and Client Backoffice login.
- Funds transferred in cannot be withdrawn on the same day.
- If the request is placed before the cut-off time, the funds are typically credited to your bank account within 24 hours from the cut-off time. If placed after the cut-off time, it takes an additional working day (up to 48 hours in total).
| Withdrawal day | Cut-off time for Equity, F&O, Currency |
|---|---|
| Weekday | 10:00 PM |
| Saturday | 4:30 PM |
| Sunday or public holiday | Withdrawal is processed on the next working day |
If the funds are still not received, please contact your Relationship Manager or the nearest branch of DP TradeKING.
Client bank accounts
Investors are requested to note that stock broker DP TradeKING Private Limited is permitted to receive/pay money from/to investors through designated bank accounts only, named as client bank accounts, and is required to disclose these client bank accounts to the Stock Exchanges. Please use only the following client bank accounts for dealings in your trading account with us.
| Sr. No. | Name of bank account | Bank account no. | IFSC code |
|---|---|---|---|
| 1 | DP TradeKING Private Limited - USCNB account | 917020017725001 | UTIB0000038 |
| 2 | DP TradeKING Private Limited | 36710200000315 | BARB0VNROAD |
| 3 | DP TradeKING Private Limited - USCNB account | 917020018771205 | UTIB0000038 |
| 4 | DP TradeKING Private Limited NSE CD Client A/c | 917020019043879 | UTIB0000038 |
| 5 | DP TradeKING Private Limited NSE Commodity Client A/c | 918020096759291 | UTIB0000038 |
| 6 | DP TradeKING Private Limited BSE F&O Client A/c | 917020018634083 | UTIB0000038 |
| 7 | DP TRADEKING PRIVATE LIMITED - DSCNBA ACCOUNT | 917020018768733 | UTIB0000038 |
The details of these client bank accounts are also displayed by the Stock Exchanges on their websites under “Know/Locate your Stock Broker”.
Stay safe
- If you receive an email or call from someone claiming to be from DP TradeKING asking you to transfer funds to an account number that is not listed above, inform the nearest branch of DP TradeKING immediately.
- Never provide sensitive account information like your Support Code, password, Client ID or personal details in response to an email or call. If such information is provided, report it to DP TradeKING immediately.
Inform our finance team
Please inform our finance department when you credit funds to our bank account, for crediting to your ledger with DP TradeKING Private Limited: finance@dptradeking.com or call 75758 11966.
This page is provided for information. For binding terms and the latest regulatory disclosures, the versions published by DP TradeKING Private Limited and filed with SEBI / the exchanges prevail. Questions? Contact us.