What is Bank withdrawal fees charged by Mudrex?

Created by Pratibha Shetty, Modified on Sun, 5 Oct at 7:11 PM by Ramya Raju

Withdrawals on Mudrex allow you to transfer funds from your account, either in fiat or cryptocurrency.

The applicable fees depend on the asset type. For INR withdrawals, a 1% withdrawal fee and an additional 1% Tax Deducted at Source (TDS) apply as per Indian tax regulations.

Note: TDS is not the same as tax on Crypto gains and will be charged regardless of you making profit/loss on your investment for specific taxation related queries we advise you to consult your tax advisor.