Fund Withdrawal Query

Let’s presume I have INR 10L in my trading account.
On Thursday (expiry day), I sell OTM options worth 10L and I let it expire worthless.

My question is - If I place a withdrawal request of 10L on the same day at around 5 PM, will the fund withdrawal go through?

Or will the OTM options that have expired worthless block my cash until the next morning?
And in such a case, can I only place the withdrawal request on Friday?

Please clarify.

Thank you.

@siva @ShubhS9 @MohammedFaisal

Yes, Rahul. The withdrawal request will go through.

However, if you have received any option premium from selling options, this can only be withdrawn once settled on T+1 day.

1 Like

Understood. Thank you.