My Portfolio:

Advantage AxisDirect

If other non-Encash trades are in the same settlement, the payment or receipt of funds for those trades will be credited/debited separately on the normal payout or pay-in-a-day. For instance:


    Case 1:

Encash Sell: Rs 3,000

Cash Sell: Rs 2,000

Suppose the Encash withheld amount is Rs 30, then Rs 2,970 (3000-30 = 2970) will be credited into your account during the day on the transaction date itself as the payout is given at frequent intervals, and the balance of Rs 2,000 will be credited on the normal payout day (i.e. T+1 working day).


    Case 2:

Encash Sell: Rs 3,000

Cash Buy: Rs 4,000

Suppose the Encash withheld amount is Rs 30, then Rs 2970 (3000-30 = 2970) will be credited into your account during the day on the transaction date itself as the payout is given at frequent intervals, and Rs 4,000 will be debited on the T day.


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