As per the circular dated 27th July 2022, The Securities and Exchange Board of India announced that the quarterly payout must be initiated on the first Friday of every quarter, starting from 1st October 2022 onwards. As a result, the unused funds in your trading account will be transferred back to your bank account on 6th April 2023 (Thursday, as Friday, is a trading holiday).

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

Note: As there is a Trading holiday on Friday on account of Good Friday, the withdrawal requests placed between 6th April 2023 5:00 AM, and 8th April 5:00 AM will be processed on Saturday (i.e., 8th April 2023).