After the fund company receives the customer's redemption instruction, it needs to settle the funds, so it takes some time. Even if the same fund is sold in different banks, the redemption time will be different.

The redemption of money funds is generally T+ 1 working day (direct selling) or T+2 (consignment).

The redemption of bond funds is generally T+3 or t+4 working days.

The redemption of stock hybrid funds takes T+5 to T+7 working days.

It is worth investors' attention that the T here refers to the redemption application submitted before 3: 00 pm on the same working day. The redemption time is counted as working days, and it is not counted as working days when it meets Saturday, Sunday and holidays.

So the specific time depends on the settlement efficiency of the fund company and the transfer speed of the bank. There is a difference of 1-2 days between different fund companies and banks.