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 – […]
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 […]