When will I receive credit of funds for my withdrawal request if tomorrow is a bank holiday?

When will I receive credit of funds for my withdrawal request if tomorrow is a bank holiday?

  • As per SEBI rules, when exchange is open then only client’s payout will work.
  • So, if a bank holiday is there on the next day of the withdrawal request but exchange is open on that day then, client will get credit in his bank account.
  • Similarly, on Saturday-Sunday, though bank is open but payout will not be given because exchange is closed.