FYERS Withdrawal Request Declined – Reasons and Fixes

Why Was My Withdrawal Request Declined in the FYERS?

Withdrawal requests on FYERS may be rejected for several reasons related to your account balance, bank details, or trading activity. Understanding these scenarios can help you avoid delays and ensure your fund transfers go through smoothly.

Common reasons for withdrawal rejections

1. Same-day fund addition

If you try to withdraw funds that were added to your FYERS account on the same calendar day (via UPI, IMPS, etc.), your request will be automatically rejected. Funds become eligible for withdrawal only on the next trading day, once fully settled and verified by the system.

2. Collateral holdings in use

If you’ve pledged shares as collateral or are using margin for open carryforward positions:

  • Your free cash balance is reduced to meet margin requirements.
  • This lowers your withdrawable amount, even if your total funds appear sufficient.

3. Bank account discrepancies

FYERS may reject your withdrawal request if:

  • Your registered bank account is inactive, blocked, or under restriction.
  • There’s a mismatch in your account number or IFSC code.
  • Your bank account has unresolved KYC issues.
  • You're attempting to transfer funds to a bank account that is not your registered primary account.

For steps to update bank details, refer to this article.
To understand other bank-related rejections in detail, refer to this article.

4. Trading activity after placing the request

If you:

  • Open new positions
  • Purchase stocks
  • Incur losses after submitting the withdrawal request

It can reduce your Withdrawable Amount. If this drops below the requested amount, your withdrawal will be either partially fulfilled or completely rejected by the system.

5. Technical or backend errors

On rare occasions, rejections may happen due to:

  • Banking network failures
  • System-side processing or validation errors

Example

Mr. M places a withdrawal request for ₹1,40,000 at 8:00 AM.

  • If he later incurs a loss of ₹30,000, the withdrawal will be adjusted to ₹1,10,000.
  • If he incurs a loss of ₹1,41,000 or more, the withdrawal will be fully rejected.

What if…

ScenarioWhat you can do
You tried to withdraw same-day credited fundsWait until the next trading day before placing the withdrawal request.
Your bank account details were incorrectUpdate them under FYERS account settings and submit a new request.
You pledged securities or used marginVerify the net cash available before submitting another withdrawal.
You incurred losses after placing the requestWait for settlement and ensure sufficient funds before trying again.
Always check your Withdrawable Amount under the Funds section before submitting a withdrawal request. This shows the real-time funds available for transfer.

Last updated: 05 Sep 2025