AxisDirect links your Bank and Demat account opened with Axis Bank to your trading account for seamless transactions. However, before you enter into any sell transaction, you have to mark a hold on shares in your Axis bank Demat account you wish to sell during the day. By marking a Hold, you create Stock limit for Cash Sell.

If you have not marked Security Hold while placing Cash Sell order, you will be asked to place Online Security Hold.

You can mark Hold multiple times during the day. If the order placed is executed, the shares utilized will be debited from your account at the end of the day. In case the full quantity is not utilized, the Hold marked during the day will be released at the end of the day. You can also release the unutilized shares on hold at any point in time during the market hours.

Path: Limits-> Demat Balance-> Hold Type-> Cash