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Advantage AxisDirect

Coll-Sell is a functionality whereby customers can sell their stocks which are deposited with AxisDirect using collateral management.

The benefits of Coll-Sell are as below:

1. By using Coll-Sell, customer can sell the shares held with AxisDirect, even if the collateral limit is utilized or not.

2. Customer can sell the shares held with AxisDirect as collateral without doing Collateral Release or Collateral Withdrawal activity.

3. By using Coll-Sell functionality, customer can place sell orders of shares immediately. Instead of placing a withdrawal request of un-utilized stocks held as collateral and then selling the  stocks that are  released to his/her demat account on T+1 day .

vV5.0.0.6-60