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Why is my withdrawal request being rejected?

If you have placed a withdrawal for an amount higher than the withdrawable balance available in your equity or commodity account, the withdrawal request will be rejected. 

You can only place a withdrawal request for an amount lesser than or equal to the withdrawable balance in your trading account.

Note - 
1. If you are trading in both equity and commodity segments, and if you have a negative withdrawable balance in either of the accounts, your withdrawal request can be rejected. You will have to clear your dues to withdraw the complete withdrawable balance from either of the accounts.
2. Payins made during the day cannot be withdrawn on the same day. Funds can be withdrawn after balance reconciliation which can be completed only after one day.