Why was my withdrawal request declined in the FYERS?
Withdrawal requests on FYERS can get declined for several reasons—ranging from insufficient withdrawable balance to issues with your bank account or trading activity after the request. Here’s a breakdown to help you understand what might have gone wrong.
Common Reasons for Withdrawal Rejections
Collateral Holdings in Use
- If you’ve pledged shares or have carryforward positions, your funds may be held back to meet margin requirements.
- This reduces your available cash balance for withdrawal.
Bank Account Discrepancies
- Rejections may occur due to:
- Temporary block on your bank account
- Incorrect IFSC code
- Mismatch in account details
- Special restrictions or status flags on your bank account
- For more details, see this article.
Trading Activity After Request
- If you request a withdrawal and then:
- Open new overnight positions
- Buy securities using the requested funds
- Incur a trading loss
- Your available balance may drop, leading to a partial or full rejection of the request.
Technical or Backend Issues
- Occasionally, system delays or validation errors may cause rejection.
Always confirm that your Withdrawable Amount under the Funds section covers the amount you intend to withdraw. Trading losses after a request can reduce or nullify this amount.
Example
Mr. M submitted a withdrawal request for ₹1,40,000 at 8:00 AM. During the trading day:
- If he incurs a loss of ₹30,000, his withdrawal will be reduced to ₹1,10,000.
- If the loss reaches ₹1,41,000, the withdrawal will be rejected entirely due to insufficient balance.
What if…
| Scenario | What you can do |
|---|
| My bank account details were incorrect | Correct them in the FYERS profile and retry the withdrawal. |
| I pledged securities or used margin | Check the net cash available before placing a new request. |
| I incurred losses post-request | Wait for balance settlement and request withdrawal again. |
Last updated: 12 Jun 2025