Comment on Zerodha updates - Nov 2016

naresh vassudeo naik karmali commented on 24 Nov 2016, 02:01 PM

Hello Nitinji,

Please note that it is not against any collateral. If the stock is paid then the delivery is directly credited to Demat account. And if the stock bought is not paid for then the stock is kept in Beneficiary account and only credited to demat a/c on making the payment, and if the payment is not made within the stipulated time then that stock is directly sold and the shortfall if any is recovered.

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