Knowledge Base

How to place a payout request from your SAMCO Application

Requesting a payout on the SAMCO App:

1. Login to your Samco Application.
2. Tap on your wallet icon given in the top right corner.
3. Click on “Withdraw” and enter the amount to place your payout request.

What is Quarterly Payout? 

As per SEBI Circular (MIRSD/SE/Cir 19/2009), stock brokers must periodically transfer any excess funds or securities from trading accounts back to clients’ bank accounts on a monthly or quarterly basis. Your trading account has been settled, and any excess funds have been successfully transferred to your registered bank account.

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