Withdrawal instructions are real-time. However, they are processed only when the markets are operational. Withdrawals may take 3-6 business days to post into your checking account because there is a mandatory 1-day settlement period. The Securities and Exchange Board of India (SEBI) mandates this period when buying or selling shares in Mutual Funds (MFs). It’s referred to as Regular Way Settlement. Once this period expires, Capitalyze® initiates a draft into your checking account.
You can withdraw money after a recent investment, we do not put any minimum day hold on your account. We understand the importance of immediate access to money, the absence of which can be frustrating. As the transactions are direct to your account, they are as safe as any other bank transaction.