Mumbai: A Mumbai-based investor, Dr Aniruddha Malpani, took to social media to accuse online brokerage firm Zerodha of preventing him from withdrawing Rs 5 crore from his Demat account despite having over Rs 18 crore in his withdrawable balance. The post quickly went viral, sparking a debate among traders and financial experts over withdrawal limits and investor awareness. Zerodha co-founder Nithin Kamath later clarified the situation and informed that his payments were processed.

The Zerodha scam !

They don't allow me to withdraw my own money from their account ,saying the daily limit for withdrawal is Rs 5 crores . They use my money for free ! @zerodhaonline

This is unfair @nikhilkamathcio pic.twitter.com/QgEborsDxP — Dr Aniruddha Malpani, MD (@malpani) November 3, 2025

₹18 Cr

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