How do NEFT payouts function?

All withdrawal requests at Lakshmishree are processed via NEFT. There are no amount restrictions for NEFT transactions.

Before processing, NEFT payouts go through verification by our Risk & Finance team to ensure there are no pending margin obligations. Once approved, the payout is transferred to your primary bank account.
 

Expected Processing Times for NEFT Payouts:

  • Requests placed between 10:00 PM to next day 11:00 AM → Processed by 2:00 PM.
  • Requests placed between 11:00 AM to 2:00 PM → Processed by 3:30 PM.
  • Requests placed between 2:00 PM to 6:00 PM → Processed on same day.
  • Requests placed between 6:00 PM to 10:00 PM → Processed by next day 10:00 AM.

     

Withdrawals requested on weekends or bank holidays will be processed on the next exchange settlement day.

If your payout is delayed beyond the expected time, you can contact Lakshmishree support for assistance.