Home

Given below is the list of Banks for fund transfer through NEST instant transfer.

  1. Axis Bank
  2. Bank of Baroda
  3. Bank of India
  4. Bank of Maharashtra
  5. Capital Small Finance Bank
  6. Catholic Syrian Bank
  7. City Union Bank
  8. Deutsche Bank
  9. Dhanlaxmi Bank
  10. Federal Bank
  11. HDFC Bank
  12. IDBI Bank
  13. IDFC First Bank
  14. ICICI Bank
  15. Indian Bank
  16. Indian Overseas Bank
  17. Indusind Bank
  18. Jammu and Kashmir Bank
  19. Karnataka Bank
  20. Karur Vysya Bank
  21. Kotak Mahindra Bank
  22. Lakshmi Vilas Bank
  23. Punjab National Bank
  24. Saraswat Bank
  25. State Bank of India
  26. Tamilnad Mercantile Bank
  27. Union Bank of India
  28. YES Bank
  29. AU Small Finance Bank

For instant fund transfer banks have to develop their system for Third Party Validation (TPV) which confirms us from where the funds are coming. In case the bank do not share this information then Third Party Validation cannot be made. This TPV facility is not available with other banks that are not listed above.

Why other banks are not listed? 

In case your bank is not listed here you may still transfer funds through NEFT which would take less than an hour to get updated in your trading account.

Comments

  1. Rajendra Patel

    My bank is Punjab National Bank . I surprise my bank is top national bank and it is not in your bank list !!!!

    1. Trade Smart Online

      Hello Rajendra,
      For instant fund transfer banks have to develop their system for Third Party Validation (TPV) which confirms us from where the funds are coming. In case the bank do not share this information then Third Party Validation cannot be made. This TPV facility is not available with Punjab National Bank. Hence, it is not listed in the above list.

  2. Pingback: 25 benefits of opening account with TradeSmartOnline - Knowledge BaseKnowledge Base

  3. Pingback: Benefits of using NEST platform - Knowledge BaseKnowledge Base

  4. FS

    I seek a clarification before account opening, that in case, there is sufficient Fund in my Account with you, delivery based shares will come in my demat account with you, and such delivery based shares will not be part of your (Broker) Pool Account. If you give me confirmation to this effect, I will happily go ahead and open an account with you. I have raised a ticket to this effect also, #555318

    1. Trade Smart Online

      Hello Sanghvi,
      Yes, you are right. If you have sufficient balance in your trading account then delivery shares bought by you will come to your demat account.

    1. Trade Smart Online

      Hello Shailesh,
      We would suggest to transfer funds through instant payment gateway facility if you have linked any bank among 28 banks listed. This will allow you to get the funds to your trading account instantly. You may also transfer using NEFT/IMPS through which the funds would get credited to your trading account within one hour. If you still need the bank account details for cheque deposit, kindly send an email to su*****@vn****.com. We will revert with the bank details.

  5. NIMESHKUMAR MODI

    HOW CAN I TRANSFER KOTAK TO KOTAK (VNS FINANCE) INSTANT TRANSFER. SEND ME LINK OR GUIDE ME TOMORROW MORNING AT 9:00 ON 9737888238 WITHOUT FAIL

    1. Trade Smart Online

      Hello NimeshKumar,
      You can use instant payment facility available in NEST trader terminal. Login your NEST, go to Secured URL (Available in menu bar), click on payin. You are required to enter the amount to be transferred. Then you will be redirected to your net banking page.
      You can also transfer from Sine mobile app. Login Sine mobile app. click on three horizontal line from top left corner. Click on fund transfer and enter the amount. After entering your net banking login credentials, your funds will be transferred instantly.

  6. Pingback: Difference Between NOW and NEST | Knowledge Base

Leave a Reply

Your email address will not be published. Required fields are marked *