Funds

Help manage Trading Account

This section contains:

1. Funds Page.

2. How to Open the Funds page.

3. Withdraw

4. Add Funds

1. Funds Page

The "Funds" page is a vital tool for users to manage their Trading Account. It allows users to keep track of their Available Funds, monitor their Margin usage, and manage their Account Balance.

The page provides a detailed overview of the user's financial status, including:

Available Margin

This is the total amount of margin available for the user to take new positions. It is calculated by adding the user's utilized cash and collateral balances.

Available Cash

This figure represents the amount of cash that is currently available in the user's account. Users can use this amount to take new positions or withdraw funds.

Margin Utilized

This shows the amount of margin that is currently being used for open trades.

Furthermore, the page provides a breakdown of the Margin Balance and Margin Utilized for each trading segment, allowing users to monitor their margin usage across different markets.

In addition to this, the "Funds" page offers users the option to manage their Account Balance. Users can add funds to their trading account or withdraw their balance directly from this page.

Moreover, by clicking on the Payout Status, the user can easily view the current status of their Payout request in their MyGeojit Account. This feature offers users the convenience of tracking their Payout Requests and keeping themselves updated with the status of their account.

Note

1) When you exit an Intraday Position for a profit, the profit from the transaction is only released as margin upon the settlement of the transaction, so until then the profit position is shown as blocked.

2) When you sell a stock from your holdings, only 80% of the sale proceeds are released as margin balance, with the remaining 20% blocked.

2. How to Open the Funds Page

You can go to the "Funds" page from "Market Overview" page and "More" page.

Go to Funds from More Page

To go to "Funds" from More page, follow these steps:

• Locate the "More" Icon on the navigation menu.
• Click on the "More" Icon and you will be redirected to the More page.
• Tap on the "Funds" Option.
• This will take you to the "Funds" Page.

Go to Funds from the Market Overview Page

To go to "Funds" from Market Overview page, follow these steps:

• Locate the "Market Overview" Icon at the top left-hand side of Watchlist, Orders, or Portfolio page.
• Click on the "Market Overview" Icon and the Market Overview pop-up will appear.
• Click on "More Details" adjacent to the Margin.
• You be redirected to the "Funds" page.

3. Withdraw

The "Withdraw" feature in the FLIP Application is used for transferring amount from your Trading Account to your Registered Bank Account.

How to Withdraw Funds

To "Withdraw" amount, follow these steps:

• Go to the "Funds" page.
• Click on "Withdraw" Button at the bottom of the page.

• You will be redirected to Withdraw Funds Page.

• At the top of the page you can see "Withdrawal Balance" available in the Trading Account. It is the amount that is available in the Account which you can "Withdraw".

• Enter the Amount you wish to "Withdraw" on the box.

• If you have added multiple Bank Accounts, the default payout bank will be automatically selected. However, if you wish to select a different bank account, you can do so from the Drop-down Menu provided.
• To confirm the Withdrawal of the entered amount, tap on the "Withdraw" Button toward the end of the page.

• A Confirmation Message will be displayed.

4. Add Funds

"Add Funds" feature in the FLIP Application is used for transferring funds from the Registered Bank Account to your Trading Account.

How to Add Funds

To "Add Funds", follow these steps:

• To "Add Funds", navigate to the Funds page by clicking on the "More" Button at the bottom of the page.
• On the Funds page, locate and click on the "Add Funds" Button at the bottom of the page.

• This will take you to the "Add Funds" page.

• This page will display your "Current Available Fund Balance" and various options for adding funds.

• Enter the desired Amount in the provided space.

• Select the Bank from which you wish to transfer the Funds.

• If you have multiple Registered Banks, click on the a "Drop-down" Icon to select the desired Bank.
• Choose the desired "Mode of Transfer" from the available options.

Three Payment Method

1) Entering UPI ID

To Add Funds using "UPI ID", follow these steps:

• Click on the "UPI" option provided on the FLIP Application.

• Enter the "UPI ID" of your choice in the pop-up page.

• The UPI ID will be verified before the request is sent.

• A collect request from "Geojit" will appear on the selected UPI App.

• Enter your "UPI PIN" and approve the transfer.

• If the transfer is successful, you will receive a confirmation pop-up.

Please Note: The UPI linked bank is the same bank that is registered with Geojit by you.