Why is the payout amount from Jainam is less than what was requested by the client?

• The actual payout amount could be lower than the requested payout because the withdrawable balance can reduce due to reconciliation and settlement process which are done after the market hours.
• When the charges, penalty and net obligation (any trading losses) for the day are debited from the client’s account then, the payout amount will be lower than the requested amount.
• The end of day process happens mainly after 3.30pm to 12pm. and all of these charges are depended on the exchange.

FOR EXAMPLE: -

• If a withdrawal request for an amount higher than the withdrawable balance is placed, then the available withdrawable balance will be credited to the bank account. 
  If Client's ledger credit balance is ₹10,000 after all charges (i.e., withdrawable balance), but he requested payout for Rs 10,500.In such a case, he is eligible for actual payout of ₹10,000 only.

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• If payout request is for an amount lower than the withdrawable balance then the whole requested amount will be credited to the bank account.
  If payout request is of = ₹ 9,500 but the available withdrawable balance is = ₹10,000 then in such a case the actual payout will be = ₹ 9,500.

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RELATED FACTS: -

• The funds deposited to the trading account during the day are available for trading immediately, but they can be withdrawn only on the next day due to the end of the day settlement and reconciliation processes because of which the payout amount could be lower.