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.
T+2 days Settlement, i.e., trade settlement will happen in T+2 days (trade date plus two days)
In the financial market, T+2 stands for transaction date plus 2 days, which means that when buying a security, the payment should be received by the brokerage firm within two business days after the transaction date. The transaction date is the date when the trade took place.
When you sell the security, the brokerage firm should receive the security certificate within two days after the transaction date.
For example, if you execute an order on Monday, it will normally be settled on Wednesday. The settlement period excludes weekends and holidays.
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