Fund Related

How the fund payout process works for stocks and F&O?

Below is how the fund payout process will work:

1.  Funds Payout for T day  (Eg: Monday) on T+1 day (Eg: Tuesday) (12:30 PM – 3:30 PM)

This is the payout of funds from your previous days trades. Currently, the entire payout amount is credited to your account on T+1 day.

Whats changing going forward:

• At the time of processing of payout to be released, the system will first check whether you have used any trading limit from the funds to be credited.
• If yes, the utilised amount will be temporarily withheld as limits.
• The remaining unutilised amount will be credited to your linked bank account in the payout process.

2.  T day EOD Margin Debit Credit Process  (Eg: Tuesday) (After 3:30 PM)

This is the final check for the same trading day (i.e. Tuesday) for both margin and settlement obligations.

At this stage:

• Funds which were withheld during the day (as limits) will be considered first to meet the peak margin amount.
• Additional funds are debited if the withheld amount is not sufficient to meet the peak margin obligations.
• If excess funds are available, they are credited back to your bank account.

To understand this in detail, below is an example on the process:
Lets assume your fund payout amount for trades done on Monday is ₹10,000.

Step 1: Tuesday (T+1) Payout (12:30 PM)

• You have used ₹3,000 for trading on T+1 day before payout process
• ₹3,000 is withheld in limits as Upstream Amount
• Remaining ₹7,000 is credited to your bank account

Step 2: EOD Margin Check for Tuesday (After 3:30 PM)

Scenario A: Utilisation increases

• Final limit utilisation at the end of day: ₹8,000
• ₹3,000 already available in withheld limits
• Additional ₹5,000 debited from your bank account

i.e. Margin requirements are met

Scenario B: Utilisation reduces

• Final utilisation: ₹0
• ₹3,000 withheld in limits is released
• ₹3,000 credited back to bank account

i.e. Excess funds are returned automatically