How much time does it take to process the withdrawal request NSE/MCX?
Withdrawal requests that have been placed before 6:30 AM will be processed and get credited to your bank account during the same day whereas withdrawal requests that have been placed after 6:30 AM will be processed during the next working day.
- Payout process is done from Monday to Saturday
- On Every 2nd & 4th Saturdays payouts will be processed and the entries will be passed in the back office. However, the funds will be credited into your bank account on the next working day.
Why is the withdrawal request is being rejected?
You could have requested the payout higher than the balance available, or you have sold shares or made profits, that can be withdrawn only after T+2 days in case of Equities or T+1 day in case Derivatives (FNO/CDS/MCX) respectively. Note – If you are ...
How do I modify the payout request?
You can modify your withdrawal request at ease. 1. After placing a withdrawal request (refer to this article), if you want to modify the amount/bank details, click on the “Pencil Icon” under the heading “Take Actions” as shown in the image below: ...
Which bank account do I need to transfer the funds NSE/MCX?
You need not maintain separate funds for NSE and MCX as we allow you to trade in all the segments with a Single Margin Account (refer to this blog). The Bank Details for NEFT/RTGS/IMPS/UPI Transfer are available here. Note: You are required to ...
Can I use the same funds for Trading on NSE as well as MCX?
Yes, you can use the same funds for Equities and Commodities and you need not maintain separate accounts for the same.
How do I cancel the payout request?
You can drop a mail to email@example.com, and the payout will be cancelled as per the request, you will receive a unique ticket number to your Email address, which you can use to track the progress and responses online.