What is the settlement cycle for share pay in and payout?

What is the settlement cycle for share pay in and payout?

In case client purchase or sell the shares the same is credited or debited from Client's demat / Trading account on T+1 settlement
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    • What is the settlement cycle for share pay in and payout?

      In case client purchase or sell the shares the same is credited or debited from Client's demat / Trading account on T+1 settlement
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      In trading, there is a fixed time period for the settlement of trades as per terms of contract. This time period is termed as Settlement Cycle. For equity trades: Currently all trades are settled on T+1 settlement cycle. For ...
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      Running account client will be settled on first Friday of every Quarter ( Quarterly Client) i.e. October 2022, January 2023, April 2023, July 2023 and so on. For a Monthly payout enabled client the client would get settled every month on 1st friday. ...
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      A Settlement Cycle refers to a calendar according to which all purchase and sale transactions done on T Day are settled on a T+1 basis. T = Trading Day and +1 means 1 consecutive working days after T (excluding all holidays). It simply means that if ...