Mandatory Quarterly / Non-Traded Settlement Payouts to Be Initiated on 17th October 2026

As per the SEBI circular dated 27 July 2022, quarterly settlement of funds became mandatory from 1 October 2022.

Accordingly, unused funds lying in your trading account will be transferred to your registered bank account on 17th October 2026, if your account is due for quarterly or non-traded settlement.

For details on the payout mechanism, refer to this notice.

Note:

• You may notice a reduction in your trading account balance if your account is due for settlement.
• Funds will reflect in your registered bank account based on your bank’s processing timelines and may be credited by the end of the day.
• Instant withdrawals will not be available on 17th October 2026.

Set Up an Autopay Mandate

To avoid manual fund transfers in the future, you may set up an Autopay mandate to transfer funds automatically. To learn how to set up a mandate, refer to this article.

For more information on quarterly settlement, refer to this circular.