Announcements Product Updates

Streamline Your Withdrawals with Our New Feature: Upfront Timelines for Fund Transfers2 min read

November 12, 2024

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Streamline Your Withdrawals with Our New Feature: Upfront Timelines for Fund Transfers2 min read

Ever found yourself anxiously waiting for your investment withdrawal to hit your bank account?  Those days are over! We’re excited to introduce a new feature on PML that gives you full visibility into the withdrawal process—from request to fund transfer—introducing Paytm Money’s latest feature: Upfront Timeline for Fund Transfers.

Imagine this: You initiate a withdrawal and instantly see a clear timeline for when the funds will arrive. No more guessing, no more waiting. Just clarity and control.

Key Highlights of the Feature:

  • Clear Expectations: No more guessing when your funds will arrive. As soon as you initiate a withdrawal, the platform will display an estimated timeframe, letting you know exactly when the funds will be credited to your bank account.
  • Convenience & Confidence: Whether you’re withdrawing funds for personal use or reinvesting elsewhere, knowing the exact timeline allows for better financial planning and peace of mind.

Withdrawal Timelines:

We’ve made the withdrawal process more transparent by offering specific timelines based on the request time and eligibility. Here’s what you can expect:

Eligibility Criteria Expected Timeline
No Pending Orders/Positions (Cut-off – 4:30 PM) By 11 PM Same day
Other Requests Between 12:30 AM – 5:30 PM (Cut-off – 5:30 PM) By 3 AM on the Next Working Day
All Requests Between 5:30 PM – 12:30 AM (Cut-off – 12:30 AM) By 3 PM on the Next Working Day

Why This Matters?

We understand how important it is for you to have control and predictability over your investments and withdrawals. With this new feature, you no longer need to wonder or follow up with customer support. You can easily track your withdrawal request from start to finish, giving you more control over your funds and financial decisions.

Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for entertainment and engagement purposes only. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707), Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, please visit https://www.paytmmoney.com