As in case of squaring off CNC stocks we get 80% of the sell value that we can use immediately while 20% is blocked for deduction of charges and taxes and after all deductions the proceeds are added to funds.
In case of options what happens?
Suppose today I bought 51500 Bank Nifty Call options @300, 2 lots and sold them tomorrow @ 400 so approximately 12000 I should be getting, so I shall get full 12000 tomorrow which can be further used to take new positions, or I will get 80% of that?
Things have changed recently on this front. Since the last week, 100% of your sale proceeds from stocks sold (from holdings) will be available on the same day, This is because Zerodha does early pay in of stocks.
Note - Early pay-in is when you fulfill your settlement obligation (funds or securities) to the Exchange earlier than the designated due date for the particular settlement.
However, settlement of profits from option trading and intraday trading are settled the next day of the trade.