FAQs

Funds Payout

  • What are the modes through which I can place fund payout request?

    • Online
      • Login to ttweb.indiainfoline.com » Click on Fund Transfer » Click on Fund Payout
      • Enter amount you wish to withdraw/transfer to your Bank Account
      • Select the Fund Pay mode as, "Electronic Fund Transfer"
      • Select Bank name from the list of banks mapped to your account where you want this amount to be credited
      • Enter Remark and click on Payout
      • You will receive a token number at the end of this process.
    • Cheque
      • Login to ttweb.indiainfoline.com » Click on Fund Transfer » Click on Fund Payout
      • Enter amount you wish to withdraw/transfer to your Bank Account
      • Select the Fund Pay mode as, "Cheque through HDFC Bank"
      • Select Bank details from the list of banks mapped to your account where you want this cheque to be encashed
      • Enter Remark and click on Payout
      • Select Pay & Print location
      • You will receive a token number at the end of this process.
  • When will I receive credit of funds?

    • Online/ NEFT/ RTGS
      • Fund gets credited in your bank account in 24 hours considering that the request is placed by you before 8.20 a.m.
      • If it is done after 8.20 a.m. the funds are credited in the next working day.
    • Cheque
      • Mumbai customers receive the cheque at the registered address
      • For other customers cheque is dispatched to your respective branch/RM in 24 hours
  • What are the important requirements that need to be fulfilled for payout of funds?

    • Payout should be due as per exchange settlement norms
    • There should be clear credit in your account
    • Minimum balance of Rs.1000/- should be maintained
    • Fund transfer should be of more than Rs. 999/-
    • It takes a minimum of 24 hours for the amount to get transferred.
  • I have sold the shares on May 25, 2015 in cash segment. Can I place the payout request on the same day?

    • No, you cannot place the payout request on the same day
    • The settlement cycle is of T+2 working days;
    • So we request you to place the request after T+2 working days or else your request will be rejected.
  • I have sold the shares on May 25, 2015 in F&O segment. Can I place the payout request on the same day?

    • No, you cannot place the payout request on the same day
    • The settlement cycle is of T+1 working days;
    • So we request you to place the request after T+1 working days or else your request will be rejected.
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