“Encash” is a facility, wherein a client of Axis Securities Limited (ASL) can avail the benefit of receiving the funds payout towards the shares sold on the Exchange Platform,on the same day when the securities are sold, subject to the applicable terms and conditions of the facility.

“Encash” can be availed by resident clients, who wish to sell the securities, forming part of the acceptable list of securities identified by ASL (Click Here to know how to access the list on our web portal) , held by them in their demat account with ASL. To availa the Encash facility the customer must have and Axis Bank savings account linked with the trading account and they should also have given ASL the Power Of Attorney (POA)/ Demat Debit PLedge Intraction (DDPI) & Bank Mandate Letter (BML)/Bank Power Of Attorney (POA).