How much does it take to process a withdrawal request?

 How much does it take to process a withdrawal request?

Fund withdrawal requests are processed at cut-off times, as shown in the table below:-

WITHDRAWAL DAYCUT-OFF FOR EQUITY, F&O

Working day
(Mon-Fri)
9.30 a.m. (withdrawal request received up to 9.30 a.m. will be processed on the same day) (Withdrawal request received after 9:30 a.m. will be processed in the next working day)
Weekends (Sat-Sun) Public holidayFunds will be credited to bank a/c in next working day
  1.  If the request is placed before the cut-off time: - Then the funds are typically credited to the bank account within 24 hours of the cut-off time.

  2. If the request is placed after the cut-off time: -Then withdrawal process will require more time and the funds will be credited to the bank a/c in the next working day.

FOR EXAMPLE:-

  • If client has make request on 30.10.2023 at 9.30am, then he will get payout on 30.10.2023 itself.
  •  But if had make a payout request at 10:00 am, then he will get payout on next day i.e. 31.10.2023.