Hello,
my friend opened his account couple of days back. Yesterday he made a pay-in of rupees 100. Then he tried to initiate pay-out the amount but couldn’t. He tried to do it to-day too. But still couldn’t.
Please guide me here & I will update him on the same.
The deposit funds are available for withdrawal the next day.
This is due to the fact that margin is provided as soon as funds are added, and margin settlements are completed prior to the next day’s market opening.