I have NRO Non-PIS Trading Account. How long does it take to get funds back in my bank account?
Fund payout (withdrawal) request received up to 5 pm on a working day is processed for withholding tax requirement, which takes one working day. Fund payout request is processed where funds are due on the day of request where funds are not due, is ignored.
E.g. Funds payout request received from NRI for NRO Trading Account on Monday up to 5 pm will be credited to NRO Savings Bank Account of the client electronically on Tuesday late evening or Wednesday early morning.