Starting from 1st December 2020, a SEBI regulation regarding peak margins has changed the way sell amounts get credited to your account.
Selling a share from your Demat holdings:
100% of the sell amount is available for trading on the same day
100% of the sell amount will be available for withdrawal from T+1 day evening onwards
Selling a share from your T1 holdings:
No Funds from the sell transaction will be available for trading on the same day
100% of the total sell amount will be available for trading only from T + 1 day onwards
100% of the total sell amount will be available for withdrawal from T + 1 day evening onwards
Here’s an example:
Please note:
If there is a bank or trading holiday between the date of selling to T+1 day, the settlement period will be extended accordingly.
Kindly ignore the values shown under ‘Available to trade’, ‘Margin used’ and ‘Unavailable to trade’ breakup in the funds section of the Upstox app or website. We're fixing this, and the correct values will be updated soon.