As per the circular dated 27 July 2022, the Securities and Exchange Board of India (SEBI) mandates that the quarterly settlement of funds be initiated on the first Friday of every quarter, starting from 1 October 2022. Accordingly, unused funds lying in your trading account will be transferred back to your registered bank account on the 4th and 5th of July 2025 (First Friday and Saturday of the quarter).

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

Note:

• If your account is due for quarterly settlement, you may notice a reduction in your trading account balance.

• Fund credits will reflect in your bank account based on your bank’s processing timelines.

For the recent update on the quarterly settlement, kindly refer to this circular.