When will T+1 settlement start?

[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…