Money will come into the account as soon as the shares are sold, no need to wait, know what is the new scheme of SEBI

Currently T Plus One settlement cycle is running in Indian stock market. T Plus Zero Settlement means that the amount will be deposited into your bank account on the day the shares are sold and you will be able to use the money immediately.

4 Month ago

At this time, if you trade in the stock market and sell any shares, the amount appears in your demat account on the next day. The current system is called T plus one settlement (T+1). India's capital market regulator Securities and Exchange Board of India or SEBI has planned to introduce T+Zero trade cycle settlement on an optional basis from March 28. This means that the trading amount will be credited to your demat account on the same day you trade.

Currently T Plus One settlement cycle is running in Indian stock market. T Plus Zero Settlement means that the amount will be credited to your bank account on the day the shares are sold and you will be able to use the money immediately.

India's capital markets regulator Sebi has planned to implement T+0 settlement in two phases. In the first phase of T+0 settlement, India's capital market regulator has proposed same-day settlement for all trades in the stock market up to 1.30 pm. If you have traded before 1:30 pm, the funds in your demat account and stocks from your demat account will arrive by 4:30 pm on the same day.

In the second phase, SEBI has alternatively arranged for instant trade through trade settlement. In the second phase, even if you have traded till 3.30 pm, the funds will arrive in your demat account. The Sebi chief has said that the optional T plus zero settlement in phase one can be implemented by the end of the current financial year. For investors and traders trading in the stock market, instant settlement means improved liquidity conditions in the market.