---
title: "Why was my withdrawal request rejected?"
description: "Your withdrawal request can be rejected for these reasons:"
category: funds
subcategory: withdraw-money
slug: why-was-my-withdrawal-request-rejected-2
canonical: https://support.arrow.trade/funds/withdraw-money/why-was-my-withdrawal-request-rejected-2/
---

# Why was my withdrawal request rejected?

> Your withdrawal request can be rejected for these reasons:

## Short answer

Your withdrawal request can be rejected for these reasons:

Unsettled trade funds: You cannot withdraw funds from trades that are yet to be settled. Exchanges require T+1 day to settle funds from selling equities and F&O trades before you can withdraw them. For intraday and F&O trades, this includes realised profits, mark-to-market (M2M), or the sell value of options.

Same-day deposits: You can trade with money added during the day immediately, but you cannot withdraw it on the same day. You can withdraw these funds after one day.¹

Payment gateway delays: Money added through the payment gateway can take up to T+1 days to be credited to iRage. When it is not credited immediately, iRage uses its own capital to allow you to trade on T day, making same-day withdrawals not possible.²

## What happens when you request more than your available balance

If you place a withdrawal request for an amount greater than your withdrawal balance, iRage will credit only the available withdrawable balance to your bank account.

## Example scenario

Your withdrawable balance is ₹9000

You place a withdrawal request for ₹12,000

iRage will credit ₹9000 to your bank account

## Notes

¹iRage processes withdrawal requests after the trading session, since it must consider obligations for all trades during the day. Due to potential issues with crediting funds, iRage processes withdrawal requests only after reconciling funds with respective banks. Banks share transaction details by early morning of the next day (T+1 day) due to the volume of transactions. After receiving transaction details, iRage reconciles them and processes fund withdrawals.

In some cases, iRage has received incorrect confirmation of fund credits from banks, and transactions have been reversed. To avoid such issues, iRage processes fund withdrawal requests on T+1 day.

²When you transfer funds through payment gateways, you receive credit on the same day. However, payment gateways settle the funds to iRage's account only on T+1 or T+2 days. Until then, iRage funds the margins for your trades from its own capital. Since iRage receives credit of funds transferred through payment gateways on T+1 or T+2 days, processing withdrawal requests of funds added on the same day would require funding them from iRage's own capital. This is why iRage cannot process withdrawal requests for funds added on the same day.

## Related

- Browse more in [withdraw money](/funds/withdraw-money/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

---

Source: https://support.arrow.trade/funds/withdraw-money/why-was-my-withdrawal-request-rejected-2/
Publisher: Arrow / iRage Broking Services LLP