If you see funds in your ledger but are unable to place a withdrawal request, it's likely due to the T+1 settlement cycle used in Indian markets. This means that even after selling stocks or closing positions, the funds don’t become immediately available for withdrawal.
This guide explains the difference between your Ledger Balance and Withdrawable Balance, why delays occur, and what actions you can take.
| Term | What It Means |
|---|---|
| Ledger Balance | Total amount in your trading account, including unsettled profits or credits. |
| Withdrawable Balance | Funds that have completed T+1 settlement and are eligible for withdrawal. |
India follows a T+1 rolling settlement cycle for both equity and derivatives. Funds from trades become withdrawable the next working day.
| Scenario | What’s Happening |
|---|---|
| Recently sold equities | Funds are under T+1 settlement. Withdrawable on the next trading day. |
| Closed F&O/CDS/MCX positions | Profits and margins settle T+1. |
| Intraday square-offs | Even intraday profits settle the next day before withdrawal. |
| Expiry day settlements | It may take T+2 to reflect, depending on exchange rules. |
| Pledged shares released | Unpledged funds are released after settlement completion. |
| Scenario | Solution |
|---|---|
| Ledger shows funds, but I can’t withdraw | Wait for T+1 settlement to complete. Use Withdrawable Balance as a reference. |
| I sold stocks today and need funds urgently | Funds will be available on the next trading day. |
| F&O or MCX position closed today | T+1 applies. Check the balance the next day. |
| I see zero withdrawable balance post-expiry | Wait for T+2 or contact us. |
| Unpledged shares not credited | Wait for the post-unpledge settlement cycle. |
| Funds didn’t release even after T+1 | Contact us to check the reason. |
Last updated: 26 Nov 2025