How soon do I get the money after placing a withdrawal request?
It can take up to 2-3 business days for the withdrawn amount to reflect in your bank account, depending on the type of mutual fund you have redeemed.
Other possible reasons for delays include:
- Fund Settlement Time: Different fund categories have different processing times (e.g., equity funds take longer than liquid funds).
- Bank Processing Delays: Some banks may take additional time to credit the amount.
- Non-Business Days: If the withdrawal request is placed on a weekend or holiday, processing starts on the next working day.
- Bank Account Issues: If the registered bank account is inactive or closed, the AMC may issue a cheque or request an updated bank account.
If your withdrawal is delayed beyond the expected time, please check your order status or contact support at support.equiruswealth.com for assistance.
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How soon do I get the money after placing a withdrawal request?
It can take up to 2-3 business days for the withdrawn amount to reflect in your bank account, depending on the type of mutual fund you have redeemed.
Other possible reasons for delays include:
- Fund Settlement Time: Different fund categories have different processing times (e.g., equity funds take longer than liquid funds).
- Bank Processing Delays: Some banks may take additional time to credit the amount.
- Non-Business Days: If the withdrawal request is placed on a weekend or holiday, processing starts on the next working day.
- Bank Account Issues: If the registered bank account is inactive or closed, the AMC may issue a cheque or request an updated bank account.
If your withdrawal is delayed beyond the expected time, please check your order status or contact support at support.equiruswealth.com for assistance.
Was this article useful?
