How long do funds take to be deposited to bank account?
i put in a withdrawl request for my mutal funds and it was processed and now is marked as completed but i havent recived funds yet
but they updated it as completed
here is the image
After your mutual fund withdrawal request is marked as completed, the funds are typically credited to your bank account based on the timeline provided by Angel One. If the withdrawal request was processed as per the timeline, you should receive the funds as follows:
- If the request was processed on a Monday to Friday between 12:00 am to 07:00 am, the funds should be credited by 11:30 am on the same day.
- If processed between 07:00 am to 05:30 pm, the funds should be credited by 11:30 pm on the same day.
- If processed between 05:30 pm to 12:00 am, the funds should be credited by 11:30 am on the next working day. If the timeline has passed and you still haven’t received the funds, you may need to wait a bit longer or contact your bank for any delays on their end.