In your Rupeezy account you will see a few different balances, and they can show different amounts. In short: your ledger balance is the cash in your account, your available margin is what you can trade with right now, and your withdrawable balance is what you can actually take out to your bank.
What each balance means
- Ledger balance — the cash balance in your trading account after accounting for your funds and any dues or debits. This is your running account with us.
- Available margin (also shown as the balance available to trade) — the amount you can use to place new trades right now. It can be higher than your cash if you have pledged holdings as collateral or are using intraday leverage, and lower if some funds are already blocked in open orders or positions.
- Withdrawable balance — the amount you can withdraw to your bank account. This is often less than your available margin, because some of what you can trade with cannot yet be withdrawn.
Why the numbers differ
- Sale proceeds take a day to settle. When you sell a delivery holding, you can use 100% of the proceeds to place new trades immediately, but the money is only withdrawable after it settles (T+1 working day). See When can I withdraw after selling my shares?.
- Pledged collateral adds to trading power, not to cash. Funding from pledged shares increases your available margin but is not cash you can withdraw.
- Open orders and positions block funds. Money committed to a pending order or an open position is not free to trade or withdraw until it is released.
- Pending charges and dues (for example DP or maintenance charges) are settled from your balance and reduce what is withdrawable.
For a detailed explanation of why your trading balance and withdrawable balance can differ, see Why does my withdrawable balance not match the balance available to trade?.