Update In Funds Payout Margin Adjustment Process For Equity And F O Trades

With effect from 16th February, 2026, there is an update in the way funds payout is done for Equity and F&O Trades.

The key details of the revised process are explained below:

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

This is the payout of funds from the previous day’s trades. Currently, entire payout amount is being credited to customers account on T+1 day.

What’s changing:

• At the time of processing of payout to be released, system will first check whether you have used any trading limit from the funds to be credited.

• If yes, the utilized amount will be temporarily withheld in limits.

• The remaining unutilized amount will be credited to your linked bank account in the payout process.

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

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

At this stage:

• Funds which were withheld during the day will be considered first to meet the peak margin amount.

• Additional funds are debited only if withheld amount is not sufficient to meet the peak margin obligations.

• If excess funds are available, they are credited back to customers bank account.

To understand this in detail, below is an example on the process :

Let’s assume the fund payout amount for trades done on Monday is ₹10000.

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

• Customer has used ₹3000 for trading on T+1 day before payout process

• ₹3000 is withheld in limits as Upstream Amount

• Remaining ₹7000 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: ₹8000

• ₹3000 already available in withheld limits

• Additional ₹5000 debited from bank account

i.e Margin requirements are met

Scenario B: Utilisation reduces

• Final utilisation: ₹0

• ₹3000 withheld in limits is released

• ₹3000 credited back to bank account

i.e. Excess funds are returned automatically

Note:

With this change, relevant clauses pertaining to funds payout have been suitably modified in the existing terms and conditions