When will T+1 settlement start?

[akashgarg]

Few days back, i read in a thread that there will be T+1 settlement of trades. Anyone having idea when it will start?

[Arun_Kumar_M]

What is the current settlement cycle? - Check this

[Nandu_Reddy]

T+2, soon T+1 will be launched

[Nandu_Reddy]

T+1 settelment starts on FEB 25 , 2022

[ajay_kumar10]

Now also, the holdings are settled with T+2 only.
Can someone please tell, when will the T+1 settlement starts?

[ShubhS9]

@ajay_kumar10

Now also, the holdings are settled with T+2 only.
Can someone please tell, when will the T+1 settlement starts?

The T+1 settlement is currently live only for the bottom 100 stocks by market cap, this list will be extended in a phased manner. You can check out more details here:

Introduction of T+1 Rolling settlement on an optional basis

India will be the second large market after China to implement the T+1 settlement cycle of stocks. Most markets in the world are in the T+2 settlement cycle. What this means is that when you buy stocks, it hits your Demat account after 2 days, and similarly, when you sell stocks you get to withdraw the funds after 2 days. This, 2 days will now become 1 day. Here is the press release from the exchanges. What it says is that starting Feb 25th, 2022, 100 stocks (starting with the lowest market ca…

[ajay_kumar10]

Thanks for the information

[Joe_pk]

Earlier Pre 2019, when I do intraday trade, the profits used to realised instantly and I was able to trade with the added profit on the very same day. What is that called ? OK T+2 and T+1 are for delivery but why this option of instant settlement for intraday stopped ? Instead of being progressive why regressive?

[ShubhS9]

@Joe_pk

Earlier Pre 2019, when I do intraday trade, the profits used to realised instantly and I was able to trade with the added profit on the very same day. What is that called ? OK T+2 and T+1 are for delivery but why this option of instant settlement for intraday stopped ? Instead of being progressive why regressive?

As per SEBIs upfront margin requirements, intraday profits can only be used for trading once settled. The settlement takes T+2 days in equity segment and T+1 day in the F&O segment. You can check out more details here: Changes in margin requirements from 1st Sep, 2020

[aniln]

Many shares particular low equity based shares are being shifted to T PLUS 1 … Recent listing Likhitha infra is being shifted from 25 November 2022 to T plus 1 …
in T PLUS 1 ex date and record date are same day hence those investors who deal with brokers who do not have DP and where physical DIS need to be submitted by client ,on sale of shares must be very careful .