How Much Time Does It Take to Process a Withdrawal Request With Nuvama?
The process of fund withdrawal is simple. It is hassle-free allowing traders to withdraw funds as per their requirements. However, Nuvama processes fund withdrawal requests raised by you in a batch. Several batches run daily and are split into 4 periods with an hour-and-a-half gap between them. These batches are 10 AM,11:30 AM, 1 PM, and 3:30 PM. Post 3:30 PM any requests made are processed in the next working day.
Moreover, if you are applying to withdraw funds on either Saturday or Sunday it will processed on the next working day which is Monday.
For example: After requesting a transfer around 11 a.m., it will only take up to half an hour for it to be processed and credited into the beneficiary’s account.