How To Withdraw Money From INDMoney In Just 3 Minutes

This pocket guide will show you how to withdraw money from INDmoney account– no sweat, no stress, just pure financial satisfaction.

Withdraw Money From INDMoney General Process

  • Log in: Access your INDmoney account either through the mobile app or the web portal.
  • Navigate to the Source: Depending on where your funds are held, locate the relevant section. This could be the “Mutual Funds” tab for your investments, the “US Stocks” section for your stock holdings, or the “Wallet” for your general balance.
  • Initiate Withdrawal: Look for the option to “Redeem,” “Sell,” or “Withdraw” (terminology may vary).
  • Enter Details: Specify the amount you wish to withdraw or the number of units you want to redeem. Be aware of any minimum withdrawal limits.
  • Confirmation: Review the details carefully and confirm the withdrawal.

Also Read: Is It Safe to Use INDmoney? INDmoney Review 2024

Know More: INDmoney Insta Cash 2024: Get Instant Funds When You Need Them Most

Withdraw Money From INDMoney Specific Options

How to Withdraw Money from INDMoney US Stocks

  • Navigate to the “US Stocks” section.
  • Select the stock you want to sell.
  • Enter the number of shares you want to sell.
  • Choose your preferred withdrawal method: ACH or Wire Transfer.
  • ACH withdrawals (recommended for smaller amounts) take 4-5 business days, while Wire Transfers are faster but incur higher fees.
  • The proceeds will be credited to your linked Federal Savings account.

How to Withdraw Money from INDMoney Mutual Funds

  • Choose the fund you want to redeem from.
  • Enter the amount or units you wish to sell.
  • Select the bank account you want the proceeds credited to.
  • Confirm the redemption, and the amount will be credited within T+2 to T+3 business days (excluding holidays). Applicable exit load charges will be deducted.

How to Withdraw Money from INDmoney Wallet

  • Go to the “Wallet” section.
  • Click on “Withdraw.”
  • Enter the amount you want to withdraw.
  • Choose your preferred bank account for the transfer.
  • The funds will be transferred instantly (up to ₹1 lakh) or within 24 hours for larger amounts.

Additional Points You Should Consider for Withdraw Money From INDMoney

1. INDMoney Withdrawal Charges: If you want to withdraw your money from the Indmoney US stock account, you will be charged a $5 fee. However, the US stock withdrawals into your INDmoney linked Federal Savings account are absolutely Free. Additionally, be aware of any applicable withdrawal charges, such as exit loads for mutual funds or transaction fees for US stocks. Read in Detail about INDMoney Charges | The Truth About Hidden Charges.

2. Tax Implications: Remember that income from investments like mutual funds or US stocks is taxable. Consult a tax advisor for guidance on reporting and potential tax liabilities. Here is a quick guidance on how US stock investments are taxed.

Tax on investment gains: 

You have to pay tax if you make a profit on your investments. This profit is taxable in India and not in the US. Based on how long you hold your investment, you will be taxed in the following manner: 

• Long-Term Capital Gains – If the shares are held for more than 24 months and the ETFs are held for more than 36 months, the gain from these investments will be taxed at a long-term capital gains tax rate of 20%.

• Short-Term Capital Gains – If the shares are held for less than 24 months and the ETFs are held for less than 36 months, the gain from these investments will be treated as normal income and will be taxed according to your tax slabs. 

3. Customer Support: If you face any difficulties or have questions, INDmoney’s customer service team is available to assist you via chat, email, or phone. INDMoney Customer Care Number


By following these steps and understanding the specific withdrawal options available for different sources of funds, you can confidently manage your finances on the INDmoney platform. Remember to prioritize convenience and cost-effectiveness when choosing your withdrawal method.

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Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind. This information is not intended as a substitute for professional financial advice. You should always seek the advice of a qualified financial advisor before making any investment or financial decisions.

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Hey, I'm Soniya Luthra (founder of, a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

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