I have added funds to my PIS account, but why can’t I see it on Zerodha my trading account?
You are unable to see the funds you have added because:
- Funds added to your trading account are not updated in real-time. Funds update will happen at the end of the day. Please, check the following day for the funds to reflect in your trading account.
- Your PIS bank account may not be mapped with Zerodha, please read this article to know more.
Points to Note:
Margins: The PIS account margins will show up only during the market hours, after which it will show in the ledger balance on your ledger in Console.
Settlement cycle: The settlement for the trades happens from the bank's end. They will debit/credit the net amount of the trade from the client's PIS account.
For buy trade- The bank will debit the client's PIS account on T+1.
For sell trade - The bank will debit the broker's account on T+2 and credit the client on T+2 end of the day (EOD) or T+3 morning.