Why might I face issues placing a withdrawal request with FYERS?
Issues placing a withdrawal request on FYERS can arise due to:
- Absence of a Demat account paired with your trading account. Here, you'll need to request a withdrawal via the 'old back office' (navigate to Request > Withdraw Funds > View Punch > Enter Amount > Payment).
- Insufficient fund balance. Always inspect your ledger balance and available margin before making a withdrawal request.
- The presence of unsettled/used funds. These are funds awaiting settlement or currently used as margin or for open positions. You can't withdraw these funds until they're settled or freed up.
- A withdrawal request exceeding the 'Withdrawal Amount' available.
Related Articles
Why was my withdrawal request declined in the FYERS?
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How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:00 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
How Can I Modify My Withdrawal Request?
If you've changed your mind about a withdrawal request, here's how to modify it: Access Withdrawal Request: After placing a request, navigate to the "Take Actions" section. Click on the “Pencil Icon.” Update Details: Change the withdrawal amount or ...
What are the common bank-related reasons for withdrawal rejections on the FYERS platform?
There are several specific bank-related reasons why a withdrawal request might be rejected on the FYERS platform. These reasons can be categorized into two sets: issues that can be resolved via the Fyers My Account portal and those that require ...
How to Cancel Payout Request in FYERS?
Cancelling a payout or withdrawal request in FYERS is straightforward. If you've changed your mind and want to cancel the withdrawal, follow these steps: Access My Account: Log into your FYERS account and go to the 'My Account' portal. Navigate to ...