When can the funds be withdrawn if the shares are sold or positions are closed today?
The funds can only be withdrawn from the trading account if they are available in the Withdrawable balance. The proceeds from shares sold or positions exited are only available for withdrawal after the trades are settled. The settlement cycle for all the instruments traded on the Indian exchanges is T+1 day, where T stands for the trading day. Hence, the funds will be available for withdrawal after T+1 day. To learn more about withdrawable balance, see What is the withdrawable balance?
If the shares are sold from the holdings or the F&O positions are closed on Friday, the proceeds can be withdrawn on Monday evening.