FYERS Withdrawal Request Declined – Reasons and Fixes

Why Was My Withdrawal Request Declined in the FYERS?

A withdrawal request on FYERS may be declined due to issues related to your account balance, bank details, or trading activity after the request. Understanding these scenarios will help you prevent rejections and ensure smoother fund transfers.

Common reasons for withdrawal rejections

1. Collateral holdings in use

If you’ve pledged stocks or are using margin for carryforward positions:

  • Your cash balance is reduced to cover margin requirements.
  • This lowers your withdrawable amount, even if your overall balance looks sufficient.

2. Bank account discrepancies

FYERS may reject withdrawals if:

  • Your bank account is temporarily blocked.
  • There’s a mismatch in IFSC code or account number.
  • Your bank account has restrictions or KYC issues.
  • The bank 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.

3. Trading activity after the request

If you:

  • Open new positions
  • Buy stocks
  • Incur a loss after placing the withdrawal request

This reduces your available balance. If the Withdrawable Amount becomes lower than the requested amount, the system will automatically reject or partially fulfill the request.

4. Technical or backend errors

Occasionally, a rejection may occur due to system-side validation issues or banking network failures.

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 final 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
Your bank account details were incorrectUpdate them under your FYERS account settings and try again.
You pledged securities or used marginVerify the net cash available before making another withdrawal request.
You incurred losses after placing the requestWait for the balance to settle and submit a fresh request once your funds are eligible.
Always check your Withdrawable Amount under the Funds section before submitting a withdrawal. This reflects the real-time amount available for transfer.

Last updated: 21 Aug 2025