Beginning Monday, October 7, 2024, 100% of the proceeds from promoting holdings shall be credited to your buying and selling account and shall be accessible for additional trades, moderately than simply 80%.
This quantity can be utilized for every type of trades—shopping for shares or taking positions within the F&O section.
At the moment, while you promote holdings, solely 80% of the sale proceeds can be found on the identical day for additional trades. The remaining 20% is blocked as an upfront margin and might solely be used for buying and selling from the following day.
For instance, for those who promote 100 shares of ABC for Rs. 1,000 out of your holdings, you obtain solely 80% of the sale proceeds, i.e., Rs. 80,000. The remaining Rs. 20,000 is obtainable the following day. Going ahead, you’ll obtain your entire Rs. 1,00,000 after promoting the shares.
This was as a result of, even when brokers executed Early Pay-in (EPI) of securities to the depository when the shares had been bought, exchanges used to dam 20% of the sale proceeds as upfront margin. Going ahead, the trade has determined that when EPI is finished, the complete 100% sale credit score could be given with out the necessity to block 20% of the sale proceeds.
The Early Pay-in mechanism permits brokers to earmark shares for debit from the demat account when the shares are bought.
Does this apply to Purchase As we speak Promote Tomorrow (BTST) trades?
No, this doesn’t apply to BTST trades. For BTST trades, 100% of the sale proceeds shall be accessible for buying and selling from the following day.
You may verify the trade round right here.
43 Likes
That is sensible! It was inflicting severe issues whereas ‘switching’ from one inventory to a different.
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Looks as if Zerodha obtained again its mojo. Kudos to the quicker function ship outs lately.
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It is a regulation change, not a function. Kudos to them nonetheless on having an structure that permits all shoppers to have it as quickly as trade introduced it
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I disagree. It is a function.
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@ShubhS9 This Function just for zerodha or All Brokers ?
Is that this additionally relevant for ETFs and in particular Zerodha’s personal LIQUIDCASE?
Dhinesh_Muthusamy:
This Function just for zerodha or All Brokers ?
All brokers, this can be a change from regulators. Undecided if different brokers are carried out as of now or not however finally they’ll.
srinidhi_ravi:
s this additionally relevant for ETFs and in particular Zerodha’s personal LIQUIDCASE?
Relevant for all eq/etfs.
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siva:
Undecided if different brokers are carried out as of now or not
Many different brokers haven’t carried out this but, however Zerodha carried out it straight away 
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is it attainable to do one thing related for pledged MF, like promote and obtain fund from dealer immidiate to purchase shares. i dont thoughts paying curiosity like MTF for that superior fund acquired earlier than settlement cycle.
