Early Pay-in at FYERS Explained

What is Early Pay-in?

Early pay-in refers to fulfilling your funds and/or securities obligation for an executed trade to the exchange before the usual settlement date. This can help reduce margin requirements for your trades.

For example, suppose you sell 100 shares of HDFC Bank on a Monday. Normally, the settlement date would be on Tuesday (T+1 day). With early pay-in, FYERS can mark these shares for early pay-in on the same day (Monday). Here's how it works:
  1. Execution of Trade: You sell 100 shares of HDFC Bank through FYERS on Monday.
  2. Early Pay-in Marking: FYERS marks these shares for early pay-in in your demat account on the same day (Monday).
  3. Settlement Process: Because of the early pay-in, the exchange receives the shares earlier than the usual settlement date.
  4. Benefits: By providing early pay-in, you can benefit from reduced margin requirements for this trade, ensuring a quicker settlement process and minimizing the risk of settlement failures.

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