The following mode of transfer could be used by NEST users for fund transfer into Equity, F&O and Currency Trading Account.

1. NEST Instant Transfer

NEST Instant Transfer is one of the quickest payment methods you could use to deposit funds from your bank account directly into your NEST trading account. Using this method you will get an instant automatic increase in your trading limits.

Here’s how to transfer funds through NEST TRADER:

  • Login to NEST Trader

  • Click on Secure URLs>PAYIN

  • Select Equity/FNO/Currency under Segment

  • Select the bank name and bank account number  (your registered bank details with us will be displayed for selection)

  • Type in the amount you want to transfer

  • Click submit

Transfer funds through NEST Browser

  • Visit trade.vnsfin.com and login to your nest online account
  • Fund Transfer>Pay in
  • Select Equity/FNO/Currency under Segment
  • Select the bank name and bank account number (your registered bank details with us will be displayed for selection).
  • Type in the amount you want to transfer
  • Click submit

Note: There is a Rs. 8 + GST (Goods & service Tax) transfer fee charged for instant transfers. Each transfer can be a maximum of 5 lakhs. To overcome this limit, you need to make multiple pay-ins. There is no daily limit to the amount of funds you can transfer in.

Supported banks for Instant Transfer

  1. Axis Bank

  2. Bank of India

  3. Bank of Maharashtra

  4. State Bank of Patiala

  5. Catholic Syrian Bank

  6. City Union Bank

  7. Deutsche Bank

  8. Dhanlaxmi Bank

  9. Federal Bank

  10. HDFC Bank

  11. IDBI Bank

  12. ICICI Bank

  13. Indian Bank

  14. Indian Overseas Bank

  15. Indusind Bank

  16. Jammu and Kashmir Bank (Will be disabled shortly)

  17. Kotak Mahindra Bank

  18. Karnataka Bank

  19. Karur Vysya Bank

  20. Lakshmi Vilas Bank

  21. Saraswat Bank
  22. State Bank of Bikaner and Jaipur

  23. State Bank of Hyderabad

  24. State Bank of India

  25. State Bank of Mysore

  26. State Bank of Travancore

  27. Tamil Mercantile Bank
  28. YES Bank

 

2. Electronic Fund Transfer (NEFT/RTGS) – For existing clients

Deposit funds electronically into your trading account through your registered Bank with us using NEFT/RTGS facility. All the required deposit details are mentioned below

HDFC

Account Name : VNS Finance and Capital Services Ltd.

Branch : Sandoz Branch, Mumbai-400023

*Account Number : VNSFIN<client code>

Account Type : Current a/c

IFSC Code : HDFC0000240

*Our account number here is a special alphanumeric code and consists of prefix VNSFIN+

For eg.

Client ID: Y1111 – ABC INVESTMENTS PRIVATE LIMITED

Account number will be: VNSFINY1111

For this we have a special arrangement with HDFC bank and it helps us identify and verify the payer’s account.

For your convenience we’ve also created a video on fund transfer through NEFT (E-CMS)

Fund transfered through NEFT/RTGS will be processed/credited as per RBI settlement timings and normally takes 3-5 hrs..

# Deposits on bank holidays will be processed on the next working day.

 3. Cheque – Deposits

All the cheques should be issued in favour of ‘VNS Finance and Capital Services Ltd.’ and should be deposited in the below account:

HDFC

Account Name : VNS Finance and Capital Services Ltd.

Branch : Fort, Mumbai-400001

Account Number : 00602740000680

Account Type : Current a/c

#The time taken for your trading account to be credited will depend on the Payee bank location. This may usually takes 4-5 working days to get the credits into your trading account.

Comments

  1. Pingback: List of Banks for Fund transfer through NEST | Knowledge Base

    1. Trade Smart Online Article Author

      Hello Shiva,
      Intraday exposure is different for MIS, Cover order and Bracket order. You may refer our knowledge base to know exposures in NEST. Kindly let us know in case you need any further information.

    1. Trade Smart Online Article Author

      Hello Santosh,
      You can place your payout request from web browser, desktop trading software or from back office BOX too. Please refer our knowledge base article to know the process of payout request.

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