Your payout amount could be lower than your requested payout because your withdrawable balance can reduce after the end of day process when the charges and net obligation (any trading losses) for the day are debited from your account. The end of day process typically happens between 5 PM and 9 PM and is dependent on the time exchanges share the end of day files.
How withdrawal requests are processed
If you place a withdrawal request for an amount higher than your withdrawable balance, Zerodha will credit the available withdrawable balance to your bank account.
Example scenario
- You place a withdrawal request for ₹12,000 at 10:00 AM
- After the end of day processes, if your withdrawable amount is ₹9,000, Zerodha will credit this amount to your bank account
While the funds you deposit to your trading account during the day are available for trading immediately, you can only withdraw them the next day, owing to the end-of-day settlement and reconciliation processes, because of which your payout amount could be lower.