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:
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
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
- Axis Bank
- Bank of India
- Bank of Maharashtra
- Catholic Syrian Bank
- City Union Bank
- Deutsche Bank
- Dhanlaxmi Bank
- Federal Bank
- HDFC Bank
- IDBI Bank
- ICICI Bank
- Indian Bank
- Indian Overseas Bank
- Indusind Bank
- Jammu and Kashmir Bank (Will be disabled shortly)
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Lakshmi Vilas Bank
- Saraswat Bank
- South Indian Bank
- State Bank of India
- Tamilnad Mercantile Bank
- 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
Name of beneficiary: VNS Finance & Capital Services Ltd.
Bank name: ICICI Bank Ltd
Bank Account no: VNSF<client code> (Ex:VNSFYABC123)
IFSC Code: ICIC0000104
Account Type :- Current Account
Branch: CMS, Lower Parel, Mumbai
Pin Code :- 400013
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.