Peak Margin

Why am I not able to de-allocate from F&O cash allocation and I am getting an error pop up as 'Debit Peak Margin Now'?

As per the regulatory requirement, Peak Margin amount during the market hours is required to be collected from all the clients. All Bill to Bill Settlement model customers having any margin event under F&O segment on a particular trade date will have the peak margin amount blocked in their F&O cash allocation. In cases where peak margin amount is blocked from your F&O cash allocation, the same cannot be de-allocated until the peak margin amount is debited for the day. Once the peak margin amount is debited only then surplus free limits/funds available as allocation, if any, can be de-allocated by you. In order to avoid the error of de-allocation, you can also debit peak margin amount by visiting Debit Peak Margin Now option on I-Sec & Peak Margin Details page under F&O section or you can get redirected to this page by clicking Debit Peak Margin Now option in the pop up message if displayed while deallocating funds. In case you have not debited the peak margin amount then the same will be debited at the End of Day (EOD) process by I-Sec on best effort basis and available free limits in allocation, if any, can be deallocated. Also, in case you have squared off your position(s) intraday where peak margin is not required to be carried forward the peak margin amount debited will be credited in the EOD process by I-Sec after the adjustment required for EOD margins i.e. I-Sec Margin required to be debited or credited for that trade date.