No, you cannot directly transfer funds between two different Angel One accounts. Each Angel One account is individual and linked to its own bank details, so transferring money directly from one Angel One account to another is not supported.

How Can You Transfer Funds Between Angel One Accounts?

Although direct transfer between Angel One accounts is not allowed, you can transfer funds by first withdrawing money from your Angel One account to your linked bank account. Then, you can transfer the funds from your bank account to the other person's bank account linked to their Angel One account. This process may take a few business days depending on bank processing times.

Are There Any Charges for This Process?

Angel One does not charge for withdrawing funds to your bank account. However, your bank may charge fees for transferring money to another bank account. It is recommended to check with your bank regarding any applicable charges before making the transfer.

Is It Safe to Transfer Funds Using This Method?

Yes, transferring funds via your bank account is safe as long as you use secure banking methods. Always double-check the bank details before transferring money and use trusted bank apps or net banking portals. Angel One also ensures the safety of your withdrawal requests with strong security measures.

Can You Transfer Holdings Between Angel One Accounts?

If you want to transfer mutual fund or share holdings from one Angel One account to another, you can do so by submitting a delivery instruction slip (DIS) or through the off-market transfer process. This allows you to move holdings between accounts, but it is different from transferring funds and may require some formalities.