Trading Procedure

Step-by-Step Trading Procedure

For Buying Securities/Shares:

  1. Deposit Margin Money: Deposit an advance payment as margin money before making the purchase.
  2. Receive Invoice/Bill: You will usually receive the invoice or bill on the same day of the transaction.
  3. Make Full Payment: Complete the payment within the next two days using an Account Payee Cheque.
  4. Transfer of Shares: Once the payment is cleared, the shares will be transferred to your DEMAT account.

For Selling Securities/Shares:

  1. Submit DIS or EDIS: Submit the Debit Instruction Slip (DIS) or online EDIS by the next day after the transaction for clearing.
  2. Penalty for Delay: If the DIS is not cleared on time, a 20% penalty (Close Out) of the transaction amount will apply.
  3. Receive Payment: Account Payee Cheques for the payment will be issued on the 4th day after the transaction.