How can i Withdraw Funds from my Account?
Online
Process
You may use
the following methods to place a fund withdrawal request through online mode: -
Website
Kindly login to https://trade.mastertrust.co.in using your User Id and Password.
Post login, go to "Funds" option, and select the
"Payout" option.
Select the Bank Details in which you
wish to receive the funds (in case of multiple bank accounts)
You will be able to view the maximum
withdrawal balance on screen. Accordingly, you may enter the amount you wish to
withdraw and click on Submit button.
Disclaimer
Fund
withdrawal requests received till 5:00 PM are processed on the same day on best
efforts basis wherein the amount is transferred to the registered bank account
of the customer by late evening.
The
requests placed post 5:00 PM are processed on next day and the ones received on
Settlement Holidays are processed on the next business day.
Note: Fund withdrawal is subject to clearance as per a Company’s RMS
Policy.
Mobile App (Agnik)
Customers may download our mobile
application i.e. Agnik from play
store. This app can be used on Android as well as IOS platforms. You may
login with your User ID & enter OTP/ MPIN.
Post login, click on “Profile” option on the right-side bottom
of the page and select “Withdraw”
option to withdraw funds from your Trading account.
Disclaimer
Fund
withdrawal requests received till 5:00 PM are processed on the same day on best
efforts basis wherein the amount is transferred to the registered bank account
of the customer by late evening.
The
requests placed post 5:00 PM are processed on next day and the ones received on
Settlement Holidays are processed on the next business day.
Note: Fund withdrawal is subject to clearance as per a Company’s RMS
Policy.
WhatsApp
For the convenience of the customers, we have provided
Funds Withdrawal Option on WhatsApp. Customer has to send “Hi” to mastertrust WhatsApp Number i.e. +918860330033 from
registered mobile number to place the request. Steps to place a request are: -
- Send “Hi”
to mastertrust WhatsApp Number i.e. +918860330033.
- Then go to Menu and select “Existing Customer” Option.
- Under “Existing
Customer” Option, enter the Client Code & Date of Birth for
Authentication.
- Post successful authentication, a Self-Care Menu
would appear where in select “Fund
Withdrawal” Option as depicted below.
- Then enter the amount you wish to withdraw.
- Post entering the amount, an OTP will be sent to
client’s registered Mobile Number. Enter the OTP and press Submit tab;
the request will be captured at our end for further processing.
Offline Process
You may use
the following methods to place a fund withdrawal request through offline mode:
-
Customer may call on our Helpdesk number i.e. 08069991111
from their registered mobile number or can send an email on [email protected] from
their registered email ID to raise a fund withdrawal request.
Below mentioned details should be provided while placing a fund
withdrawal request received via email.
- Trading Code
- Amount that is to be withdrawn
- Bank Account Details in which the client wants to receive the funds (applicable in case of multiple account
Disclaimer
Fund
withdrawal requests received till 5:00 PM are processed on the same day on best
efforts basis wherein the amount is transferred to the registered bank account
of the customer by late evening.
The
requests placed post 5:00 PM are processed on next day and the ones received on
Settlement Holidays are processed on the next business day.
Note: Fund withdrawal is subject to clearance as per a Company’s RMS
Policy.
Related Articles
I have transferred Funds/Amount today. Can I withdraw it on the same day?
No, you cannot withdraw the amount on the same day on which you have made the Funds Transfer to your Trading Account as the updation of Funds will take place by end of the day. So, by the next day, you may place a Fund Withdrawal request.- Why were my Funds transferred to my Bank Account even though I didn't place a fund withdrawal request?
Any unused funds in your trading account will automatically be transferred to your linked bank account. This is done as per SEBI guidelines mentioned in Circulars SEBI/HO/MIRSD/MIRSD-Pod1/P/CIR/2023/197 (dated 28-Dec-2023), ...What is the Withdrawable Amount?
Withdrawable Amount is the free amount that can be transferred from your Trading Account to your linked Bank Account. It may differ from Net Available Funds shown in Ledger as the cash from Equity and F&O trades is not settled instantly. You can only ...- What If I have multiple Bank Accounts linked to my Trading Account, Can I opt for transfer of Funds in any of my linked Account?
Yes, while placing an Online Funds Withdrawal request you get an option to select the Bank in which you want your Funds to be transferred.How can I add/transfer funds to my trading account Online?
Through Website: Kindly login to your account https://trade.mastertrust.co.in using your User Id and Password. Post login, go to "Funds View" option and select the "Funds Payin (Net Banking)" option. You can use UPI option or Net Banking with ...