What is Refund to bank?

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  • Modified on: January 3, 2026
HomeChargesAuctionWhat is Refund to bank?

‘Refund to Bank’ means that any funds in your trading account will be sent back to your bank account. This happens according to SEBI guidelines. Here’s how it works:

  • Monthly or Quarterly Refunds: Depending on the settlement period you chose when setting up your, funds will be refunded on the first Friday/Saturday of every month or every quarter (30 or 90 days).