Comment on Same day fund withdrawals & update on quarterly settlements

sudhin commented on 10 Dec 2019, 01:03 PM

When can we place a request for the funds after selling in the cash segment? Is it on the day or T+2 days? More over say I have a balance of Rs. 50,000/- against which I have sold shares for Rs. 25,000 and purchased shares for say Rs. 10,000/- there by giving me a net balance of 50k-25k+10k=35 K, how much can be withdrawn? From my experience my cash with you is first used up and then the sale proceeds are considered on T+2 days, kindly clarify this point.
Secondly ARE there any charges when we transfer funds to our trading account [FROM MY BANK to the zerodha trading account] directly through the portal now?
Thanks

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