Is instant fund withdrawal available with 5paisa?

Is instant fund withdrawal available with 5paisa?

As of now, 5paisa does not offer instant fund withdrawal. Withdrawals are processed via NEFT mode, which typically takes 3-5 hours to reflect in your bank account from the time of processing.

Key Points on Withdrawal Processing:

  1. Processing Schedule:
    • Withdrawals are processed once daily, Monday to Friday, at 3:30 PM.
  2. Same-Day Processing:
    • Requests placed before 3:30 PM on weekdays are processed the same day.
    • These funds are generally credited to your bank account between 6:00 PM and 7:30 PM.
  3. Next-Day Processing:
    • Requests placed after 3:30 PM on weekdays are processed on the next working day.
  4. Non-Processing Days:
    • Withdrawals are not processed on weekends, trading holidays, and clearing holidays.

Example Scenario:

  • If you place a withdrawal request at 2:00 PM on a Tuesday, it will be processed at 3:30 PM the same day, and you can expect the funds in your bank account by around 6:00 PM to 7:30 PM.
  • If you place a request at 4:00 PM on a Tuesday, it will be processed at 3:30 PM on Wednesday, with the funds appearing in your account by 6:00 PM to 7:30 PM on Wednesday.

Understanding this schedule helps you plan your withdrawals effectively.