- The proceeds from shares sold or position exited today are available for withdrawal only if the trades are settled.
- As per Indian exchanges, trades are settled on T+1 days, here T means trading day.
- Thus, the funds can be withdrawn from trading account if they are available in withdrawable balance. So, here funds are available after T+1 days.
FOR EXAMPLE: - If client has sold the stock or F&O position are closed on Monday, then funds are available for withdrawal from Tuesday evening.
- If the shares are sold from the holdings or the F&O positions are closed on Friday, the proceeds can be withdrawn on Monday evening.
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