It is as simple as withdrawing the amount from Sqrrl Away as it is to invest. You just have to go to your Investment dashboard, select the withdraw tab and mention the amount.

 

The redemption process has 2 scenarios w.r.t the amount being withdrawn which are mentioned as below:


  • Up to 90% withdrawal of the holding value – The amount will be credited back within 30 minutes in the source account from which the investment was made.

 

  1. Customers who have started using Sqrrl Away before 23rd Oct 2018 can redeem any amount between Rs 500 – Rs 50,000 subject to 90% of the total holding value.


           For Ex. – If a customer has holding value of Rs 1000 till date and wants an instant redemption, he/she can withdraw any amount                                   between Rs 500 – Rs 900.


        2. Customers who have started using Sqrrl Away after 23rd Oct 2018 can redeem any amount between Rs 1– Rs 50,000 subject to                    90% of the total investment value.


            For Ex. – If a customer has holding value of Rs 1000 till date and wants an instant redemption, he/she can withdraw any amount                                  between Rs 100 – Rs 900.



  • 100% withdrawal of the holding value 


  1. If the withdrawal request is placed before 2:30 pm, the amount will be credited back the next business working day in the source account from which the investment was made.


       2. If the withdrawal request is placed after 2:30 pm, the amount will be credited back within next 2 business working days in the                        source account from which the investment was made.