Comment on Quarterly settlement of funds & securities

Kaushik Chatterjee commented on 21 Apr 2022, 09:48 PM

On 14th April 2022 I got a mail with subject line “Account due for quarterly settlement” and “Your Zerodha account (*******) is due for settlement and it will be settled within the next 10 days”. Then on 20th April (i.e. 3rd working day or 6th calendar day ) the settlement happens in the morning, leads to barred from order placing. This process happens in every month in-spite of every quarter.

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