You can transfer funds from a bank account to a trading account in several ways:

Method 1: Net Banking

You must activate your net banking facility to successfully transfer funds from your bank account to your trading account in 5Paisa. 5Paisa offers a payment gateway of 45 banks to easily transfer funds. 

Here is a list of all the banks 5Paisa has a payment gateway with:

Follow the steps below to successfully transfer funds from your bank account to your trading account via net banking.

• Step 1: Open the 5Paisa Mobile application.
• Step 2: Click on the “User” icon.
• Step 3: Choose the “Add Funds” option.
• Step 4: Enter the amount you want to add.
• Step 5: Now select the “Net Banking” option. You will now be redirected to your bank’s website.
• Step 6: Login to your net banking account with your credentials.
• Step 7: Complete the transaction.

Once you have authorised yourself as a valid user, your transaction will be processed successfully, and funds will be added to your trading account in 5Paisa.

Charges:

Transferring funds through the 5Paisa payment gateway involves a few charges, as listed below:

Fund Updation Time

Net banking transactions are often updated in real-time upon transaction status confirmation from your respective banks. However, in some cases, you might face a delay in fund updation in your 5 paisa trading account. This could be in the following scenarios:

• Scenario 1: 

Your transaction was successful; the amount got debited from your bank account, but it shows transaction “failure” in your 5Paisa account.

Reason: Your bank may have given a failure status for your transaction to 5Paisa. This could be due to an issue at the bank’s server end.

What Happens To Such Transactions: Your bank will reconcile all such transactions on the next working day and their respective status will be updated as successful to 5Paisa. If not, your debited amount will be refunded back to your account.

Time for Fund Updation: Usually, it takes about 24-48 hours for fund updation in your trading account. It completely depends on the reconciliation process of your bank.

• Scenario 2: Your transaction was successful but funds did not get updated in your trading account.

Reason: Your transaction confirmation status is delayed from your bank and 5paisa has got the status of your transaction as pending from your bank.

What Happens to Such Transactions: Usually, your bank takes around 30-45 minutes to confirm such transactions and their status post reconciliation.

Time for Fund Updation: Typically, it will take around 30-45 minutes for fund updation in your trading account.

In any other scenario, it usually takes around 15-30 minutes only for transaction updation.

Note: If you do not have a bank a/c from the aforementioned 45 banks, you can opt for other methods to transfer money from your bank a/c to your trading a/c.

Method 2: UPI Transfer

UPI is one of the most preferred methods as it ensures instant credit. 

Follow the steps below to successfully transfer your money through UPI.

• Step 1: Login to 5Paisa mobile app.
• Step 2: Click on User.
• Step 3: Click on Add Funds.

• Step 4: Enter the amount.
• Step 5: Select your preferred bank account.
• Step 6: Click on the UPI app you want to pay with. (You can click on more to browse all UPI-supported applications on your phone)

• Step 7: Complete your transaction by entering your UPI pin.

If you don’t have a UPI ID mapped into the same mobile, follow the steps below:

• Step 1: Login to 5paisa mobile app.
• Step 2: Click on User
• Step 3: Click on Add Funds

• Step 4: Enter amount
• Step 5: Select the bank account you want to pay with
• Step 6: Choose the UPI ID option and enter your respective UPI ID.  Click on Pay.
• Step 7: 5Paisa will send a collection request on the UPI ID you entered.
• Step 8: Approve that request by entering your UPI pin.

Notes:

1. The UPI transfer limit per day will be Rs 2,00,000/- per day. However, it may vary based on the restrictions imposed by your bank for each transaction. 
2. The UPI collection request will expire in 10 minutes, therefore, ensure to approve the transaction within 10 minutes before it gets marked as expired.
3. Ensure that the UPI ID you enter is mapped to the bank account registered with 5Paisa. If funds are transferred to an unregistered bank account, they will be refunded to the source account within 3-5 business days.
4. Push to VPA is not allowed. This means that only the transactions initiated from 5Paisa will be accepted. Sending money directly to 5Paisa’s UPI ID is not allowed.

Fund Updation Time

The funds sent through UPI will be updated instantly to your trending account. However, there might be delays in some instances, such as in the below-mentioned scenarios:

• Scenario 1: Funds are transferred from a bank account not registered with 5Paisa. 

What will happen to your money: If your money is debited, it will returned back to the source account instantly or within 24 hours.

• Scenario 2: Your payment is successful, and the amount is debited, but 5Paisa is showing the transaction status as “failed”.

The reason for this particular circumstance is that 5paisa has not obtained the "Success" status for your transaction since your bank has not provided NPCI with the debit transaction confirmation. As a result, until your bank confirms it, it will initially be listed as pending at 5paisa.

What Happens to Such a Transaction: The remitting bank will re-share the final transaction status with NPCI after actively reconciling this transaction at your bank. 5paisa will also be informed of the same. These transactions are often reconfirmed in 15 to 30 minutes.

In case the transaction fails, your money will be refunded back to your bank account within 24-48 hours.

Time for Fund Updation: Usually, it takes around 15-30 mins for confirmation of transaction status in such scenarios. Once the “success” status of the transaction is received, 5Paisa instantly updates it in your trading account. 

• Scenario 3: Your UPI app shows that the payment has failed. Even the transaction status is showing “failed” in your 5paisa account. However, the money has been debited from your bank account.

What will happen to your money: In such scenarios, your money will be credited back to your account within 24-48 hours.

Method 3: IMPS/NEFT/RTGS

You can transfer friends from your Bank a/c to your Trading a/c seamlessly using this method. You can deposit money 24*7 with instant credit, without the need of any documentation.

To fetch your Unique Account Number, follow the steps below.

• Step 1: Log in to your 5Paisa account.
• Step 2: Go to the “Add Funds” section.
• Step 3: Click on the “IMPS” tab.

Note: 

• This account is unique to your client code, so do not share it with others.
• Funds must be transferred from a bank account registered with 5Paisa.
• If an amount is transferred from an unregistered bank account, it will be refunded back to the source account within 3-7 days.
• The maximum limit for fund transfer via Smart Collection is Rs 30 Cr. per transaction.