The following mode of transfer could be used by NEST users for fund transfer into their Commodity Trading Account.
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:
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Login to NEST Trader
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Click on Secure URLs>PAYIN
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Select Commodities under Segment
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Select the bank name and bank account number (your registered bank details with us will be displayed for selection)
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Type in the amount you want to transfer
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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 25 lakhs. To overcome this limit, you need to make multiple pay-ins. There is no daily limit from our side to the amount of funds you can transfer in.
- Axis Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Catholic Syrian Bank
- City Union Bank
- Deutsche Bank
- Dhanlaxmi Bank
- Federal Bank
- HDFC Bank
- IDBI Bank
- IDFC First Bank
- ICICI Bank
- Indian Bank
- Indian Overseas Bank
- Indusind Bank
- Jammu and Kashmir Bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Lakshmi Vilas Bank
- Punjab National Bank
- Saraswat Bank
- State Bank of India
- Tamilnad Mercantile Bank
- Union Bank of India
- YES Bank
- AU Small Finance 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
Name of beneficiary: VNS Broking Private. Ltd.
Bank name: ICICI Bank Ltd.
Bank Account no: VNSC<client code> (Ex:VNSCYABC123)
IFSC Code: ICIC0000104
Account Type : Current Account
Branch: CMS, Lower Parel, Mumbai
Pin Code : 400013
For your convenience we’ve also created the below video on the same.
Fund transferred 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.
Can we add fund by UPI, without any charges and GST?
Hello Nandlal,
UPI transfer is free for amount upto Rs. 2,000 and Rs. 15 (inclusive of GST) for amount above Rs. 2,000 shall be levied.