Why are the sales proceeds not withdrawable on the same day?
If clients have closed their positions today, they cannot withdraw the funds immediately since exchanges in India follow a rolling settlement cycle. To learn more, see
When can the funds be withdrawn if the shares are sold or positions are closed today?
If a client has not traded during the day or has no open positions and has sufficient balance on the day of withdrawal, the withdrawal request will be processed the same day.
Example scenario
- Shares are sold on Monday.
- The funds from the sale are credited the next day, i.e. Tuesday.
- If no additional trades are executed and a fund withdrawal request is submitted, the funds will be credited by the end of the same day, i.e. Tuesday.
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