by Kalai Selvan | Jul 19, 2018 |
The below scenarios demonstrate the causes for the payout to get partially processed or rejected: Partial Pay-Out: Suppose at the start of the day your account Clear balance is Rs. 10,000 and the payout request is placed at 9:00 AM for Rs. 8,000. Later part of the day you take a position for which the margin required is Rs. 6,000. So the Margin amount of Rs. 6,000 will be blocked and remaining balance of Rs. 4,000 will only be eligible for Pay-Out which is processed on the next day. Rejected Pay-Out: Suppose at the start of the day your account balance is Rs. 10,000 and the payout request is placed at 9:00 AM for Rs. 8,000. Later part of the day you take a position for which the margin required is Rs. 10,000. So the Margin amount of Rs. 10,000 will be blocked and there will be zero remaining balance and as a result, the Pay-Out request will be rejected. Please note* for simplicity sake we have assumed...
by Kalai Selvan | Jul 19, 2018 |
No. Pay-Out cannot be processed in form of cash.
by Kalai Selvan | Jul 19, 2018 |
No. There is no charge for Pay-Out.
by Kalai Selvan | Jul 19, 2018 |
Yes but only among those banks which you have linked to your Trading account.
by Kalai Selvan | Jul 19, 2018 |
No, you can request a payout for the complete available funds.
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