Zerodha Scam: ₹18 crore balance and ₹5 crore limit, find out the full story.

Zerodha Scam: Dr. Aniruddha Malpani, a well-known investor and IVF specialist from Mumbai, has created a stir on social media by making serious allegations against the online brokerage platform Zerodha. He claims the company is not allowing him to withdraw more than ₹5 crore, even though he has over ₹18 crore in his account. He called it a "Zerodha scam" and said the company was "freely using" his money. This post sparked a debate on social media, with some supporting him while others advised him to be cautious about making such a large amount public.

Zerodha Scam: Dr. Aniruddha Malpani, a well-known investor and IVF specialist from Mumbai, has made serious allegations against Zerodha, the country's leading online brokerage company. He claimed that the company was not allowing him to withdraw more than ₹5 crore (approximately $18.46 crore) in his account, even though he had a withdrawable balance of ₹18.46 crore (approximately $18.46 crore). Dr. Malpani shared screenshots of his Zerodha dashboard on the social media platform X (formerly Twitter), clearly showing his account's total value of ₹42.9 crore (approximately $4.29 crore), his utilized margin of ₹24.46 crore (approximately $24.46 crore), and his withdrawable balance.

What did he express his displeasure about?

In his post, Dr. Malpani wrote, "Zerodha scam! They're not letting me withdraw my own money, saying the daily limit is ₹5 crore (approximately $5 crore). They're using my money for free!" He alleges that the company is holding his funds for its own convenience, while investors should have full control over their money.

Be sure to check out Dr. Malpani's X post:

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

Is there really a withdrawal limit?

This tweet by Dr. Malpani sparked a debate on social media. Many people questioned whether Zerodha truly imposes a daily withdrawal limit, or if this is simply part of a technical process.

Did users warn Dr. Malpani?

Many advised Dr. Malpani that publicly posting such a large amount could be a security risk. One user wrote, "Don't publicly disclose such a large amount for your own benefit; it could attract the wrong people's attention."

Who is Dr. Aniruddha Malpani?

Dr. Malpani is an IVF specialist and angel investor. He founded Malpani Infertility Clinic in 1991 and has invested in over 30 startups to date, including those in the healthcare and technology sectors.

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