BTST Trading - Equity Cash

[nitik]

Hii

i need some help, i am doing BTST in Equity cash segment using MTF facility.

will i get early pay in credit on next day after selling of Equity ?

For Example
Scenario -1
i bought 10 lac worth of Equity on 09/10/2023 and sold the same on 10/10/2023 for Rs 11 lacs
How much credit will i get on 10/10/2023 for buying new Equity

Scenario -2
i bought 10 lac worth of Equity on 09/10/2023 and sold the same on 11/10/2023 for Rs 11 lacs
How much credit will i get on 11/10/2023 for buying new Equity

Further can i buy and pledge TBILL or GSEC for fulfilling my margin obligation

[Poornima]

Hi @nitik welcome to Dhan community!

We have explained the scenario here -

Update: Trading Limits against Credit for Sale (CFS) and Sell restrictions effective 8 May 2023

Update: In accordance with the latest regulatory updates on Credit for Sale, we have introduced modifications to our Risk Policy. As you might be aware that Credit For Sale benefit can now only be provided after doing the early pay-in of securities To ensure a seamless transition, these changes will be implemented gradually over time. Case Selling of Stock Current Revised Phase (a) From Free Holding 80% 80% Phase 2 (b) CUSA 80% 0% Phase 2 (c) BTST 80% 0% Phase 2 (d) Margin Pledge …

Also, you can pledge G-sec securities on Dhan. We have written more about it here : Introducing: Pledge Shares for Margin Benefit & Pledge Government Securities on Dhan . We do not accept T-Bills for pledging due to their short duration.

[nitik]

This means if i buy shares on margin today and sell it tomorrow i ll get Limit up to 80% ??

[Poornima]

Hi @nitik,

If you have done BTST you shall be unable to receive any sell benefits on same day. You will receive 100% on next working day.