---
title: "Can the account opening fee be refunded?"
description: "iRage has made online and offline account opening free for resident Indian accounts from 29th June 2024."
category: account-opening
subcategory: resident-individual
slug: can-the-account-opening-fee-be-refunded
canonical: https://support.arrow.trade/account-opening/resident-individual/can-the-account-opening-fee-be-refunded/
---

# Can the account opening fee be refunded?

> iRage has made online and offline account opening free for resident Indian accounts from 29th June 2024.

## Short answer

iRage has made online and offline account opening free for resident Indian accounts from 29th June 2024.

The account opening fee is non-refundable. However, a refund request can be made if iRage fails to open the account after ten working days of collecting all the necessary documents. iRage depends on the exchanges, KYC Registration Agency (KRA), and other third parties to open an account. The account may also be put on hold for rectifications. If the account opening fee was paid multiple times, create a ticket along with the payment proof. The refund will be credited to the bank account within seven working days. Contact the bank if the refund is not credited after seven working days.

## Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar.

## Related

- Browse more in [resident individual](/account-opening/resident-individual/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

---

Source: https://support.arrow.trade/account-opening/resident-individual/can-the-account-opening-fee-be-refunded/
Publisher: Arrow / iRage Broking Services LLP