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 : […]
Can I request instant withdrawal?
No, Samco does not offer instant withdrawal at this time. All withdrawal requests are processed through a standard payout cycle. There is no option to bypass this cycle for faster credit. What you can expect instead: Place your request before 6:00 AM – amount credited by 2:00 PM the same […]
Can withdrawals be made after market hours?
Yes, you can place a withdrawal request anytime including after market hours. The Samco App and Samco Star Back Office are available 24×7 for placing payout requests. However, the processing of your request depends on the payout cycle, not on when you place it: Requests placed before 6:00 AM – […]
Is there a minimum withdrawal amount in Samco?
No, Samco does not have a minimum withdrawal amount. You can withdraw any amount as long as it is available under your withdrawable balance. A couple of things to keep in mind: Funds from stock sales are available for withdrawal only after T+1 settlement. Your withdrawable balance may be lower […]
Why was my withdrawal request rejected?
A rejected withdrawal is usually due to one of these reasons: Unsettled funds – Shares sold today are available for withdrawal only after T+1 settlement. Wait for the next working day and retry. Insufficient withdrawable balance – Check your actual withdrawable balance in the Funds section. It may be lower […]
Why is my withdrawal showing as pending?
A pending withdrawal usually means your request is still within the standard processing window. Here are the most common reasons: 1. Request placed after the 6:00 AM cut-off If your request was placed after 6:00 AM, it will be processed in the next payout cycle and not the same day. […]
Can I withdraw funds to a different bank account?
No. Withdrawals can only be processed to the primary bank account registered with your Samco account. Transfers to any other bank account including your own unregistered accounts are not permitted. This is a regulatory requirement under SEBI guidelines to ensure your funds are always credited to a verified and authenticated […]
Can I withdraw partial funds?
Yes, you can withdraw a partial amount from your trading account. You do not need to withdraw your entire available balance in one go. When placing a withdrawal request, simply enter the specific amount you want to withdraw and the remaining balance will stay in your trading account and can […]
Are there charges for withdrawals?
No, there are no charges for withdrawing funds from your Samco trading account. You can place a withdrawal request through the Samco Mobile App or Samco Star Back Office without any withdrawal fees.
How long does withdrawal take to reflect in my bank?
The general turnaround time (TAT) for withdrawals is up to 24 working hours from the time your request is processed. However, the exact timeline depends on when you place the request: If you place the request before 6:00 AM: Your withdrawal will be processed and credited to your bank account […]
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