RAA/Quarterly Settlement Archives - Religare Broking
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Why were my Funds withdrawn automatically?

As per regulatory guidelines, Stock Brokers are required to settle the client account either monthly or quarterly, as per client’s choice. However, if there are no trades or open positions in the last 30 days, the client account must be settled even if the client has opted for quarterly running account settlement. The free funds are released to the mapped bank account accordingly.

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