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 […]
Why am I unable to place a payout request for my available funds?
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 – […]
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