First Time Cash Out
For your first-time cash out, you need to update your bank details.
- Navigate to the "Manage" section.
- Choose "Cash Out" from the available options.
- Select the specific fund you wish to Cash Out
- Set up your Bank Account and click on "Proceed" to move to the next step.
- You will receive a one-time SMS OTP. Enter the 6 digits provided.
- Select the bank
- Enter the Cash Out amount and click "Proceed" to move to the next steps.
- Confirm the details of your Cash Out including the Fund Name and Acknowledge the Terms and Conditions, and confirm by swiping.
- You will receive another SMS OTP to confirm the transaction.
- Your cash out is successfully submitted
Subsequent Cash Out
- Navigate to the "Manage" section.
- Choose "Cash Out" from the available options.
- Select the specific fund you wish to Cash Out
- Select the bank that you like to Cash Out from.
- Enter the Cash Out amount and click "Proceed" to move to the next steps.
- Confirm the details of your Cash Out including the Fund Name and Acknowledge the Terms and Conditions, and confirm by swiping.
- You will receive another SMS OTP to confirm the transaction.
- Your cash out is successfully submitted
|
Portfolios |
To be reflected in the Bank Account ** |
| Cash | T+1 |
| Cash-i (10 AM cut off)* | T day |
| Growth | T+6 |
| Growth-i | T+3 |
| Moderate | T+6 |
| Moderate-i | T+3 |
| REITs | T+5 |
| Gold | T+4 |
Note that “T” is the Transaction processing day, if the cash out is requested after cut-off time on a business day, or during a non-business day, the T day will be the next business day, + the respective business day/s to reflect in your bank account.
*except Versa Cash-i, the cut off time for all other Versa portfolios is at 3 PM on a business day.
**Please note that the exact time the funds will appear in your bank account may vary and could be earlier than 11.59 PM, depending on the processing time of the beneficiary bank.