When you deposit funds, they become available for trading immediately. However, withdrawals operate on a different timeline. You can only initiate a withdrawal the next day due to end-of-day settlement processes.
Client deposits with Punch are transferred to exchanges. When processing withdrawals, we first withdraw funds from the exchange, which takes time. Withdrawals are processed every 12 hours (at 6:30 PM and 6:30 AM).
Even if you've closed positions on the same day, withdrawals follow the rolling settlement cycle of Indian exchanges. This systematic process ensures a smooth and standardized settlement and withdrawal procedure.