Why is the payout amount less than what was requested?
End-of-day deductions for charges, losses, or obligations can reduce your final payout amount.
Written By Archit Sunat
Last updated 27 days ago
How the final payout is calculated
When you place a withdrawal request, the amount you entered is noted. However, before the payout is actually sent to your bank, Punch runs an end-of-day settlement process (typically around 6:30 PM). During this process, the following are deducted from your account:
Brokerage and transaction charges for trades executed during the day
Trading losses if your positions moved against you
Regulatory fees and taxes such as STT, GST, and exchange charges
Any other obligations like margin shortfall penalties
After all these deductions, your withdrawable balance is recalculated. If it is lower than the amount you originally requested, the payout is adjusted to match what is actually available.
How to avoid surprises
If you want to withdraw a specific amount, it is best to place your request after the end-of-day process is complete — that way, your balance already reflects all deductions for the day.