Comment on Zerodha-Fund withdrawal from Trading account

Nithin Kamath commented on 16 Jul 2013, 09:51 AM

Harsha,

The settlement cycle for stocks in India is T+2, this means that if you buy stock it comes to your demat in 2 days and similarly when you sell, you get the cash to your trading account in 2 days.

You sold on 12th which is a friday, so monday would be T+1 and tuesday would be T+2. So you should be able to withdraw it today.

Cheers,

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