/content/icici-direct/en/fragments/faq-banner-fragment
Important Changes to Pay-In and Payout Processing effective 14th November 2024

As per regulatory requirement It is mandatory to credit the Payout amount after netting any outstanding Payin amount across Equity, F&O and commodity segment.

Understanding Pay-In and Payout

Pay-In: The amount you deposit when making purchases (e.g., stocks, futures, commodities) or to meet margin requirements.

Example: If you buy shares worth 50000, the amount to settle this transaction is your pay-in.

Payout: The amount you receive when selling securities or closing positions, representing any profits or returns on your trades.

Example: Selling shares worth 60000 generates a payout credited to your account after any pay-in obligations are covered.

Key Changes to Note

1. Netting of Pay-In and Payout:

Payouts will first adjust against any outstanding pay-in amounts within the same segment. The remaining payout will then cover dues in other segments, such as F&O and commodities.

Example: If you have ₹50,000 as a payout in Equity and ₹30,000 outstanding in F&O as a pay-in, you’ll receive ₹20,000 after the adjustment.

2. eATM Payout Allocation:

eATM payouts will allocate to negative balances across Equity, F&O, and Commodity segments, if any.

Example:

If a customer has an eATM payout of ₹100,000, and the Equity segment has a negative limit of ₹20,000, F&O has a negative limit of ₹30,000, and Commodity has a negative limit of ₹10,000: then ₹20,000 will be allocated to Equity, ₹30,000 will be allocated to F&O, ₹10,000 will be allocated to Commodity. The remaining ₹40,000 will be adjusted against available free allocations.

3. Deposit Model Clients:

For Deposit Model Clients, up to the negative limit in each segment, allocation will be fetched from other segments’ free allocation.

Example: Suppose a Deposit Model client has: Equity: -₹5000 (negative limit),F&O: -₹2,000 (negative limit),Commodity: +₹10,000 (positive balance). Then system will fetch 7000 from commodity segment to clear negative obligation in Equity and F&O.

You can view the inter-adjustment netting of pay-in and payout entries on the Cash Projection and Upstream Log pages for each segment.