Comment on Quarterly settlement of funds & securities

Prateek Jhunjhunwala commented on 24 Jul 2020, 10:38 AM

hi –
1. Since I do not know when is the settlement date for my account, I assume last 90 days are considered?
2. If i pledge shares worth 1L today and use all of it tomorrow, so I have qualified for “using all the margin for at least 1 day”. But if I pledge 1L more shares next week and do not use that extra amount, will there be automatic unpledgin during settlement?
3. Transferring unused funds to bank account – does this happen for every account or only if someone has not taken a single trade in the last 3 months?

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