What will happen after T+2 on receipt of delivery of shares?
5paisa will check whether you have cleared
the debit arising from buying the shares or you have created a forward pledge
for availing margin funding facility. Only after either of the condition is
met, the shares will be transferred to Demat account and will be available for
margin benefit. The client will have to follow the Margin pledge process
prescribed by CDSL to avail the margin benefit. If none of the conditions is
met, then shares will remain in Client unpaid securities account (CUSA) and
will be sold on T+7 day.