A funds hold is a  block made in your Axis Bank account which can be used for trading purposes.

Once a funds hold is created, the held amount cannot be used for purposes other than trading until it is released or unblocked.

You can release or unblock only the unutilized funds.

Fund released results in a corresponding decrease in your limits.

Fund holds can be made either for cash-based trading or for margin-based trading.

Once the funds hold is created, your Cash or Margin limits increase accordingly.

You can mark a hold on funds any number of times during the day. If the order placed is executed, the funds utilized will be debited from your respective accounts at the end of the day.

In case the full amount is not utilized, the funds marked as Hold will be released at the end of the day.

Example : You have Rs.5,00,000 in your bank account but you require Rs. 1,00,000 for trading today. You mark a hold for Rs. 1,00,000 (in cash segment) from your  account. Your cash limits will increase by Rs. 1,00,000 for trading for the day. You utilized Rs. 60,000 for trading. The unutilized  funds i.e. Rs. 40,000 marked as hold today will be released at the end of the day.

You can also release the unutilized funds on hold at any point in time during the market hours.

Path: Limits-> Cash Limit-> Fund Hold/Release