When you initiate a payment even though the money is deducted from your account immediately, the time taken for the money to be settled by the payment gateway differs based on the mode of payment and also the bank involved.

With the new NAV cut-off regulation, we can only place the orders once the payment is received by Groww. Thus, the difference in cut-off when orders are placed through different payment modes.

Payment Mode: Net Banking (on select banks)
Investment Date: T day, 12:01 AM -  12:00 PM 
Fund Realization Day: T day

Payment Mode: Net Banking (on all other banks)
Investment Date: T day, 12:01 AM -  2:00 PM 
Fund Realization Day: T+1 day

Payment Mode: UPI & Bank Transfer 
Investment Date: T day, 12:01 AM -  2:00 PM 
Fund Realization Day: T day

List of select banks: Axis Bank, ICICI Bank, HDFC Bank, Yes Bank, SBI Bank, IDFC Bank, Andhra Bank, Karur Vysya Bank, Lakshmi Vilas Bank, Dhanlaxmi Bank, Indian Overseas Bank, Punjab National Bank.