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 button 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The redemption process has 2 scenarios w.r.t the amount being withdrawn which are mentioned as below: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.
The max amount that you can withdraw is Rs 50,000 or 90% of the invested amount whichever is lower and the minimum amount allowed is Re. 1.
100% withdrawal of the holding value
If the withdrawal request is placed before 12:30 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 12:30 pm, the amount will be credited back within the next 2 business working days in the source account from which the investment was made.