A failed deposit is usually caused by one of the following reasons: Transfer from an unregistered bank account : Funds must be transferred only from a bank account registered and linked to your Samco account. UPI or Payment Gateway timeout : The session may have timed out during the payment […]
What is Merge Settlement?
Merge Settlement happens when a trading holiday and a settlement holiday fall on back-to-back days, pushing your normal T+1 settlement forward. For example: Let’s say Tuesday is a trading holiday and Wednesday is a settlement holiday. If you buy shares on Monday: Your shares will not be credited on Tuesday […]
What are the charges for instant transfers?
At Samco, charges for instant transfers depend on the payment mode used: Payment Mode Speed Charges UPI Instant Free Net Banking Instant ₹9 + 18% GST per transaction Note: While UPI is completely free, Net Banking carries a convenience charge of ₹9 + 18% GST per transaction. If you want […]
Are there any limits on free transactions per month?
No, Samco does not impose any limit on the number of free transactions per month. You can deposit and withdraw funds as many times as you need without any transaction count restrictions from Samco’s side. However, keep in mind: Your bank may have its own limits on the number of […]
Are there charges for failed transactions?
No, Samco does not charge anything for failed transactions. If a fund transfer fails and whether due to a bank-side issue, incorrect details, or a technical error and no charges are deducted from your Samco trading account. What happens to your money: If the amount was debited from your bank […]
Are there any hidden fees at Samco?
No, Samco does not have any hidden fees. All applicable charges are transparent and publicly listed. Here’s a quick summary of what is charged and what is free: Service Charges Account Opening Free Depositing funds via UPI / IMPS / NEFT / RTGS Free Depositing funds via Net Banking ₹9 […]
Can I place multiple payout requests in one day?
Yes, you can place more than one payout request in a day. Each time you place a request, that amount gets blocked from your withdrawable balance immediately. Any further requests can only be placed on the remaining withdrawable balance. For example: If your withdrawable balance is ₹10,000 and you place […]
Is payout available for all segments (Equity/F&O/Commodity)?
Yes. Payout is available across all segments – Equity, F&O, and Commodity. All your segment-wise funds are reflected in a single common ledger balance. As long as the funds are free and withdrawable, you can place a payout request regardless of which segment they came from. Keep in mind: Funds […]
Are payout requests processed on weekends or holidays?
No. Payout requests are not processed on weekends or bank/exchange holidays. You can place a withdrawal request anytime the Samco App and Samco Star Back Office are available 24×7. However, processing happens only on working days. What this means for your request: Placed on a Saturday or Sunday → Processed […]
Why have I received funds from Samco without placing a payout request?
If you’ve received funds you didn’t request, there’s no need to worry this is a routine and legitimate process. Here are the possible reasons: 1. Periodic settlement (Regulatory requirement) Brokers are required to periodically settle client funds monthly or quarterly. If you have an unused balance sitting in your trading […]
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