Nidhi Broking


Refund Policy

Refund Policy

No matter how much you invest and in what instruments, there comes a time when you would want to withdraw funds from your trading account. This process of removing funds from your trading account to the registered bank account is known as Funds Payout.

1. When will the funds be credited to my account once I have placed a funds payout request?

Payment to your account will be processed after 1 working day from the date fund payout request placed by you. You can readily find the list of National/Trading Holidays on NSE/BSE Website

2. What is Running Account Settlement?

Any available credit in your Account will be refunded to your account as per the Instruction given by you in Running Account Settlement option (30 days/90 days) option selected by you. Please note: Funds will also be refunded to source account in case of 30 days of no trading activity.

Annual Calendar for the Settlement of Running Account (Quarterly and Monthly)

Dates for Quarterly Settlement (FY2024-25):

Quarter Period Date(s) Day
Q1 April-June 5th &/or 6th April 2024 Friday &/or Saturday
Q2 July-September 5th &/or 6th July 2024 Friday &/or Saturday
Q3 October-December 4th &/or 5th October 2024 Friday &/or Saturday
Q4 January-March 3rd &/or 4th January 2025 Friday &/or Saturday

Dates for Monthly Settlement (FY2024-25):

Quarter Month Date(s) Day
Q1 April 5th &/or 6th April 2024 Friday &/or Saturday
Q1 May 3rd &/or 4th May 2024 Friday &/or Saturday
Q1 June 7th &/or 8th June 2024 Friday &/or Saturday
Q2 July 5th &/or 6th July 2024 Friday &/or Saturday
Q2 August 2nd &/or 3rd August 2024 Friday &/or Saturday
Q2 September 6th &/or 7th September 2024 Friday &/or Saturday
Q3 October 4th &/or 5th October 2024 Friday &/or Saturday
Q3 November 8th &/or 9th November 2024 Friday &/or Saturday
Q3 December 6th &/or 7th December 2024 Friday &/or Saturday
Q4 January 3rd &/or 4th January 2025 Friday &/or Saturday
Q4 February 7th &/or 8th February 2025 Friday &/or Saturday
Q4 March 7th &/or 8th March 2025 Friday &/or Saturday