A withdrawal request can be placed after a settlement is made.
Selling a share from your Demat holdings:
80% of the sell amount is available for trading on the same day.
The remaining 20% will be available for trading from T+1 day onwards.
100% of the sell amount will be available for withdrawal from T+2 days onwards.
Selling a share from your T1 holdings:
No Funds from the sell transaction will be available for trading on the same day.
100% of the total sell amount will be available for trading only from T + 1 day onwards.
100% of the total sell amount will be available for withdrawal from T + 2 days onwards.
To know more about the Settlement cycle Click here, for Payout TAT click here.