Physical Delivery of put options

F&O
1

I have bought 10 lots of Federalbank put options at 85PE. Now i have received email from zerodha to margin as it belongs to physical delivery segment.
I dont have enough margin for 10 lots.

1.Can i square off the trade on Monday?
2. Will zerodha square off on Monday if I dont have margin money?

2

If buyer is there yes you can square off

If no buyer, even Zerodha cannot do anything

If no buyer, and your option ends in zero, there is no physical delivery anyways so no worries

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3

Thanks.