India, Nov. 4 -- A social media post accusing Zerodha of preventing a client from withdrawing funds triggered widespread discussion online and drew a swift response from the brokerage's CEO and co founder, Nithin Kamath. The exchange unfolded on X after investor Dr Aniruddha Malpani alleged that Zerodha was "using his money for free" by imposing a daily withdrawal ceiling.

On Monday, Dr Malpani shared screenshots and claimed that Zerodha had capped withdrawals at Rs.5 crore per day. He wrote, "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."

Check out the post here:

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