Archive · 4 Nov 2025
Zerodha Withdrawal Limit Sparks Debate on Fund Access
Imagine you have a big piggy bank, but the bank says you can only take out a small amount of money each day, even if you have a lot more inside.
That's kind of what happened with a big money app called Zerodha.
A person who put a lot of money there wanted to take out a very large amount, but the app only let them take out ₹5 crore per day.
The person got upset and said it was like a trick and they couldn't get their own money.
Zerodha said that this is a rule to keep everyone's money safe, like how banks sometimes have limits.
They also said if the person really needs to take out more, they just need to ask for special permission by filling out a form.
Some people agree with the person and think it's unfair, while others think Zerodha is just being careful to protect everyone's savings from bad guys.
Investor Aniruddha Malpani accused Zerodha of running a 'scam' over its ₹5 crore daily withdrawal limit.
Malpani publicly stated he was blocked from accessing a significant sum of funds, alleging Zerodha uses investor money for free.
Zerodha responded that withdrawals over ₹5 crore require a manual approval process via a support ticket.
The brokerage cited compliance and security as reasons for the default daily withdrawal cap.
Critics argue the limits restrict access to funds, while defenders see them as necessary security measures.
- Who
- Investor Aniruddha Malpani and brokerage Zerodha
- What
- A dispute over Zerodha's ₹5 crore daily withdrawal limit
- When
- This week
- Where
- Online (via X/Twitter) and within the Zerodha platform
- Why
- Investor claims the limit unfairly restricts access to funds, while Zerodha states it's for security and compliance, with procedures for larger withdrawals.
Investor Concerns
Brokerage Defenses
Withdrawal Restrictions
Investor Concerns
The daily withdrawal limit of ₹5 crore is unfair and restricts rightful access to one's own funds, potentially allowing the platform to use investor money without charge.
Brokerage Defenses
The ₹5 crore daily withdrawal limit is a necessary security measure and a standard practice, similar to bank and UPI caps, to prevent fraud and ensure compliance. There are procedures for higher withdrawals.
Perception of Scam
Investor Concerns
The platform's actions are perceived as a 'scam' due to the perceived difficulty in accessing large sums of money.
Brokerage Defenses
Accusations of a 'scam' are unwarranted; users need to be aware of and plan for existing withdrawal limits and procedures.
- Brokerage
- Zerodha
- Default Daily Withdrawal Limit
- ₹5 crore
- Investor Accusation
- Blocking access to funds, running a scam
- Zerodha's Response
- Create a support ticket for withdrawals exceeding ₹5 crore
- Justification for Limits
- Compliance, security, fraud prevention
- Instant Withdrawal Limit
- Up to ₹2 lakh under specific conditions