Knowledge Base

How long will it take for the funds to appear in my bank account after I have requested for a payout?

Fund Credits are generally processed within working 24 hours.

Please Note: Payout request will be only processed on working days.

Why hasn’t my payout been credited to my account even after 24 hours?

Your payout may not have been processed for one of the following reasons:

1. Your account does not have any clearing funds available. This may be the result of a trade order you placed, wherein the funds may have been used. Please refer to your trade history.
2. The payout was reversed due to an incorrect IFSC code or MICR.
3. A payout request cannot be made on the same day as the Payin.

Why am I unable to place a payout request for my available funds?

You are unable  to place a payout request for one of the following possible reasons:

1. A payout request cannot be made on the same day as the Payin. Try to place a payout request on the next trading day.
2. Due to Inactive MCX Segment or any inactive segment . To raise a manual payout request – (Raise a ticket – API)
3. Due to the blocked amount for CDSL charges. To avoid debit, Keep your account fairly funded.

I have received Funds from Samco without placing a payout request.

There is a high possibility of quarterly/monthly settlement of your funds as per SEBI Rule.

To know more about quarterly settlement refer to our knowledge center.

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