New Running Account Settlement Rule - Single day for clients of all stockbrokers in India

[nithin]

@darshan_prakash

Funds on my trading account has been removed as it says “funds transferred back as part of quarterly settlement”. But the money still has not been credited to my bank account. But the funds from my trading account has been removed and says that its already sent to your bank account. Is this normal? Will it take a day or two to be credited to my bank account.

The banks are clogged today due to a large number of payout requests. You should have the funds latest by the end of the day and worst case by tomorrow.