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Why was my withdrawal request turned down?

Your withdrawal request has been denied for the following reasons:

1. You may have requested a withdrawal for an amount more than your equity or commodities account's withdrawal balance.

For your request to be completed properly, you must provide a sum that is less than or equal to the amount visible in the balance of the withdrawal.

You won't be able to withdraw money from your Demat account if you sell stocks or generate intraday profits.

After two trading days, the funds from the sale are paid in your trading account (after one trading day in the case of F&O). Only the amounts that are settled and shown in your withdrawal balance will be available for withdrawal.

2. During the day, funds added to the trading account cannot be withdrawn on the same day. Only after balance reconciliation, which takes only one day, may you withdraw the Money.

Note that if you request an amount that is slightly higher than your withdrawal balance, your request will be executed, but you will receive less than you asked.