Coin for Zerodha mobile app allows easy and hassle-free online mutual funds investment and redemption/withdrawal at 0 charges.
Steps to withdraw money from Zerodha Coin App:
- Login to the Coin app on your phone.
- Click on the “Portfolio” tab where all of your MF investment will be visible.
- Tap on the fund, from which, you want to withdraw your investment.
- Scroll down the fund's page and click on the “Redeem” option. The fund redemption page will be displayed showing the total no. of units and the redemption period.
- In case of partial redemption, enter the no. of units or click on the checkbox for full redemption.
- Enter the CDSL TPIN to authorize the sale or redemption of mutual fund holdings on Coin.
- Once done, the funds will be credited to your linked bank account within the settlement period.