Why was my Funds Withdrawal request rejected?

Why was my Funds Withdrawal request rejected?

There could be various reasons for the Funds Withdrawal rejection. However, the major reason could be the following:

  1. Trade settlement is not completed. Or
  2. The margin is blocked against the open position.                                                                                

Trade settlement is not completed: Please note that the settlement cycle for Equity trades is T+2 working days and for Futures and Options segments it is T+1 working days. If you raise a request for funds withdrawal before completion of settlement, then the request could be rejected.

The margin blocked against the open position: Another reason for the rejection of your Funds withdrawal request could be due to the margin blocked against the open position in any segment.

Please note that the Funds Withdrawal/ Funds Pay-out are subject to the clearance of mastertrust RMS policy.