FREE Account Opening + No Clearing Fees
Loading...

Pay in and payout

Payin and Payouts are the days when brokers and exchanges make payment or delivery of the securities.

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

What is Payin?

When investors sell their shares, the broker collects the specific shares from their Demat account. Then, these shares are transferred to the exchange and clearing board. This process is called pay in.

What is Payout?

When investors buy the shares, the clearing member transfers these shares to the broker who then transfers these shares to the demat account. This process is called payout.

The whole settlement cycle takes T+2 days ( 2 working days excluding the day of trading) for settlement.

Answered on

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews


Comments

Add a public comment...