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Why I am not able to withdraw money from Zerodha?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

You may not be able to withdraw money due to following reasons-

  1. The withdrawal request is for an amount higher than the available withdrawable balance available in your account. It is calculated as:

    For equity, Withdrawal balance = (Available balance) - (today's and yesterday's stock holding sell value) - (today's and yesterday's intraday profits) - (today's F&O profits) - (present day's payin).

    For commodity, Withdrawal balance = (Available balance) - (today's profits) - (present day's payin)

  2. You have a negative withdrawal-able balance in either of the equity or commodity accounts.

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