UPI empowers you to connect and transfer of funds from any bank account using (Google Pay,PhonePe, etc) app in your mobile.
This option enables you to make instant payment with the help of back office and front office software. The payment reflects in the ledger within a maximum of 5 minutes.
This comes with a charge of Rs. 9/- plus taxes with the convenience of an instant credit.
We have around 37 banks (listed below) for this facility. If your credit is not reflected in the trading account immediately after transferring funds from the instant payment gateway, you need to send us a screenshot of the debit statement of your registered bank account to boip@vramath.com
We will coordinate with your bank and the payment gateway.
S No. | Bank Name | Bank Code |
---|---|---|
1 | Allahabad Bank | ALLA |
2 | Andhra Bank | ANDB |
3 | AU Small Finance Bank | AUBL |
4 | Axis Bank | UTIB |
5 | Bank Of Baroda | BARB_R |
6 | Bank Of India | BKID |
7 | Bank of Maharashtra | MAHB |
8 | Catholic Syrian Bank | CSBK |
9 | Canara Bank | CNRB |
10 | City Union Bank | CIUB |
11 | Corporation Bank | CORP |
12 | Deutsche Bank AG | DEUT |
13 | Dhanalaxmi bank | DLXB |
14 | Equitas Small Finance Bank | ESFB |
15 | Federal Bank | FDRL |
16 | HDFC Bank | HDFC |
17 | ICICI Bank | ICIC |
18 | IDBI Bank | IBKL |
19 | IDFC First Bank | IDFB |
S No. | Bank Name | Bank Code |
---|---|---|
20 | Indian Bank | IDIB |
21 | Indian Overseas Bank | IOBA |
22 | IndusInd Bank | INDB |
23 | Jammu & Kashmir Bank | JAKA |
24 | Karnataka Bank | KARB |
25 | Karur Vysya Bank | KVBL |
26 | Kotak Mahindra Bank | KKBK |
27 | Punjab National Bank | PUNB_R |
28 | South Indian Bank | SIBL |
29 | Standard Chartered | SCBL |
30 | State Bank Of India | SBIN |
31 | SVC Co-operative Bank | SVCB |
32 | Tamilnad Mercantile Bank | TMBL |
33 | The Lakshmi Vilas Bank Limited | LAVB_B |
34 | The Ratnakar Bank Limited (RBL) | RATN |
53 | The Saraswat Co-Operative Bank | SRCB |
36 | Union Bank of India | UBIN |
37 | Yes Bank | YESB |
Vramath makes online fund transfer easy via the Back Office Payment Gateway facility, which is made available through a number of national and international banks. Currently, this Payment Gateway facility is available through 37 banks and will soon be extended across other banks.
This is one of the most powerful and instant way to transfer fund to trading account. With the help of this transfer, fund gets credited to the ledger within a maximum of 15 minutes. If the instant payment fails for any reason, you’ll need to wait at least 24 hours for the funds to reflect in your trading account.
NEFT (National Electronic Funds Transfer) is an alternate online payment option. The bank details to make payment are enlisted below.
Add these accounts as payees in your registered bank account and you’ll be able to transfer funds to your trading account anytime.
Bank Name | HDFC Bank |
---|---|
Account Number | VRAM66XXX ** |
Current Account Name | Vramath Financial Services Pvt Ltd – USCNB Account |
Account Type | Corporate |
IFSC Code | HDFC0000004 |
Branch Location | ITC Centre Anna Salai, Chennai |
Note : VRAM66XXX – XXX is Your Unique Client Code **
“Investors are requested to note that VRAMATH FINANCIAL SERVICES PVT LTD is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). VRAMATH FINANCIAL SERVICES PVT LTD is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us.
The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.”
Bank Name | HDFC Bank |
---|---|
Bank account name | Vramath Financial Services Pvt Ltd – USCNB Account |
Account Number | 00040340007266 |
Account Type | Corporate |
IFSC Code | HDFC0000004 |
Branch Location | ITC Centre Anna Salai, Chennai |
Bank Name | Axis Bank Ltd |
---|---|
Bank account name | VRAMATH FINANCIAL SERVICES PRIVATE LIMITED USCNB ACCOUNT |
Account Number | 924020022689617 |
Account Type | Corporate |
IFSC Code | UTIB0000006 |
Branch Location | Chennai Main Branch |
Note:
Fund Transfer to VRAMATH FINANCIAL SERVICES PVT LTD can be done only up to 06:00 PM evening on all settlement days
Similarly, any Payout request from the client should be given to VRAMATH FINANCIAL SERVICES PVT LTD before 01:00 PM on working days will be considered for payout on the same day.
No client receipt/payment are entertained on settlement and National holidays.
Any irrelevant pay in transferred by the clients through an unregistered bank account, the amount shall be refunded 5 to 7 working days.
Fund Transfer from third parties account will not be accepted.
Even in case fund is transferred from your account which is not registered with Vramath Financial Services Private Limited will not be accepted, you need to provide the credential and add the new bank account. Our help desk team shall never ask for your personal credentials (Password).
Cash dealing will never be entertained by Vramath Financial Services Private Limited under any circumstances as per SEBI norms.
A welcome mail will be sent by Vramath with all the account details (NSE), If there is any mismatch you are expected to inform us immediately. Funds should be transferred only to those accounts for the relevant segment you are trading.
In case of any changes in Bank account number/Help desk contact number or any other correspondence Vramath Financial Services Private Limited will intimate the same to you.
Vramath Financial Services Private Limited will not be responsible if funds are transferred to some other company account or individual accounts apart from the accounts provided by Vramath Financial Services Private Limited.
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