What are the common bank-related reasons for withdrawal rejections on FYERS?
Withdrawal rejections can be frustrating, especially when they occur due to avoidable bank-related issues. At FYERS, such rejections are usually linked to problems with your registered bank account details or restrictions imposed by your bank. Here’s a clear breakdown to help you understand and resolve them quickly.
Withdrawal rejections typically fall into two categories—those you can fix within FYERS and those that require action from your bank.
1. Issues You Can Fix via the FYERS ‘Banks’ Tab
You can resolve the following issues yourself by navigating to the ‘Banks’ section under Funds & Margin:
Rejection Reason | Explanation |
---|
Invalid bank account | Your account may be closed, unlinked, or entered incorrectly. Update it as needed. |
Incorrect IFSC code | The IFSC code doesn’t match the bank/branch. Double-check and correct it. |
Invalid bank account number | The account number may be mistyped or incomplete. Update it carefully. |
Invalid bank details | The bank rejected the payout due to mismatched or restricted information. |
Steps to resolve:
- Go to Funds & Margin → Banks
- Review all listed bank details
- Edit or re-add your bank account with correct information
Some rejection reasons cannot be resolved from the FYERS platform and must be addressed directly with your bank:
Rejection Reason | Explanation |
---|
Bank account temporarily blocked | Your bank has placed a temporary hold on the account. Contact your bank for help. |
Standing instructions for pay-ins/payouts | The bank may have restrictions like mandates or instructions blocking withdrawals. Check with your bank. |
Always ensure your bank details are accurate and regularly updated in the ‘Banks’ section to avoid withdrawal delays. Last updated: 10 Jun 2025
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