How does ‘Convert to Delivery’ impact the funds in my account?

How does ‘Convert to Delivery’ impact the funds in my account?

Once an investor chooses to convert a ‘BUY’ intraday position, 100% of the cash transaction value is blocked from his/her account. In case the investor decides to convert a ‘SELL’ intraday position, then the funds blocked for the position will be released, and the equivalent quantity of the transaction value is blocked in his/her Demat account.

In case of the F&O segment,  if a trader decides to convert his Intraday position, the margin required for the delivery position will be blocked accordingly.  

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