UPI booster: Now withdraw money instantly from stock market on INDmoney

Mumbai, Aug 22: Money management startup INDmoney on Thursday announced UPI-based instant withdrawals for investors from their stock trading accounts on its platform.

The feature enables users to withdraw their funds into their savings accounts instantly, even if they are trading on the same day, addressing a key problem for stock investors while boosting liquidity by ensuring real-time trade settlements.

The feature allows investors to withdraw money up to Rs 1 lakh on the same day. Investors will get instant withdrawals in their bank accounts regardless of their trading activity.