If you can see an available balance but can’t place a withdrawal request, it’s likely because that balance isn’t withdrawable yet. Common reasons:
- Unsettled funds : Shares sold today are available for withdrawal only after T+1 settlement. Wait for the next working day.
- Open positions or margin in use : Funds blocked for active trades or margin requirements can’t be withdrawn until positions are closed.
- Pledged holdings : If you’ve pledged shares as collateral, those funds are locked until you unpledge them.
- Existing request already placed : That amount gets blocked immediately. You can only request the remaining withdrawable balance.
Check your withdrawable balance in the Funds section of the Samco App before placing a request and this is the actual amount available for payout, not the ledger balance.
Easy & quick
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