Exciting Update: Faster & Safer Settlements Coming Your Way!

We have great news! SEBI’s new Direct Payout System is set to go live on 24 February 2025, making the settlement process smoother, faster, and more secure for you.

What is a Direct Payout System?
Direct settlement is a new process that ensures that when you buy stocks, they are credited directly to your demat account.

What’s changing for you?
Everything remains the same—just faster and smoother! However, to ensure a seamless transition, a few services will be temporarily unavailable on 24 & 25 February 2025:
– MTF (Margin Trading Facility) buying will be unavailable on 24 & 25 February 2025
– Stocks bought on 24 February won’t be available for selling on 25 February 2025 (BTST)

We’re committed to making this transition as easy as possible for you. Stay tuned for further updates, and as always, we’re here to help with any questions!