Kindly note that due to the bank holiday on Saturday and expected delays from the payment gateway settlements, there might be a waiting period in updating the funds in your trading account on Monday, i.e., 10th October 2022. As a result, clients are requested to consider the below points before initiating the fund transfer:
The UPI payments (Primary method) might take up to 2 hours to reflect in the clients’ trading accounts.
The fund transfers via IMPS, NEFT, and RTGS using our Virtual ID might take up to 2 hours to reflect in the clients’ trading accounts.
The fund transfers via Instant Payment Gateway (Net-banking) might take up to T+1 day to reflect in the clients’ trading accounts.
Please Note:
- To reduce the wait time, kindly consider adding funds in advance, i.e., on Saturday or Sunday.
- The wait time will be applicable to all the fund transfers done on Saturday and Sunday, wherein the funds will reflect on Monday, 2 hours after the commencement of the banking hours. Feasible Scenarios for the below-specified cases, along with examples:
Scenario 1: Funds transferred using Instant payment gateway (UPI), NEFT, RTGS, or IMPS on Saturday, Sunday or Monday.
Mr. X transferred funds of ₹50,000 on Saturday (8th Oct 2022) using Instant Payment Gateway (UPI). Such funds will only reflect on Monday, 2 hours after the commencement of the banking hours in the trading account.
Scenario 2: Funds transferred using Instant payment gateway (Net-banking) on Saturday or Sunday.
Mr. X transferred funds of ₹ 50,000 on Sunday (9th October) using the Instant Payment Gateway (Net-banking). Such funds will only reflect on Monday (T+1 Day), 2 hours after the commencement of the banking hours the trading account.
Scenario 3: Funds transferred using Instant payment gateway (Net-banking/UPI) on Monday.
Mr. X transferred funds of ₹ 50,000 on Monday (10th October) using the Instant Payment Gateway (Net-banking/UPI). Such funds will only reflect on Tuesday (T+1 Day), 2 hours after the commencement of the banking hours the trading account.
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