T+ settlement means that after you sell your shares, the money gets credited to your account after T (Transaction day) plus 1 or 2 working days. In most cases, Angel One follows the T+1 rule for equity trades. So if you sell stocks on Monday, the funds will be available on Tuesday evening. Only after this, you can withdraw the money to your bank account.

What does T+1 or T+2 mean in stock market?

T+1 or T+2 means the number of days after the transaction day when the settlement is completed. "T" is the day you buy or sell stocks. "+1" or "+2" means that your shares or money will be credited after 1 or 2 working days. Now in India, most trades follow T+1, which is faster. Earlier, it used to be T+2, but now SEBI has made the process quicker for retail investors.

When can I withdraw money after selling shares on Angel One?

You can withdraw your money only after the T+1 settlement is complete. For example, if you sold your stocks on Monday, the funds will be credited on Tuesday evening. You can place a withdrawal request after that, and the money will reflect in your bank account in 1 working day. Make sure to check "withdrawable balance" in the Angel One app before making a request.

Why can't I withdraw my money immediately after selling shares?

The money from selling shares doesn't come instantly because it has to go through a clearing and settlement process. The stock exchange checks and settles all trades properly. This process takes 1 working day in T+1 settlement. That’s why even though the money shows in your trading account, it becomes withdrawable only after full settlement.

How to check settlement status in Angel One app?

To check the settlement status, go to the "Funds" section in the Angel One app. Look at the 'Available Balance' and 'Withdrawable Balance'. If the sell amount has not yet settled, it will not show in the withdrawable balance. Once the T+1 period is over, it will appear, and you can place a withdrawal request to your bank.

What happens if I place a withdrawal request before settlement?

If you try to withdraw before the settlement is done, the system won’t allow it. Your “Withdrawable Balance” will not include unsettled funds. You will have to wait until the T+1 period is over. So always make sure to check the withdrawable balance, not just the overall available balance in your trading account.

How long does it take to receive withdrawn money in the bank?

Once you place a withdrawal request after the T+1 period, the money is usually credited to your bank account in 1 working day. If you place the request before 8 AM, it is processed on the same day. If you request after that, it may take one more day. Weekends and bank holidays may delay it slightly.