3. T+1 Margin Collection from April 28, 2025 – Brokers Ready or What?

algotrader

Posted by T1Panic (5 hours ago)
SEBI's April 28 update: All margins (except VaR/ELM) collected T+1, not T+2, to match settlement cycle. Groww emailed me today – they're compliant, but warned of auto-square if short. For F&O, means faster fund blocks. Anyone faced delays? Link to SEBI circular in bio.

algotrader

Reply by SettleFast (3 hours ago):
Upstox still T+2 for some – complaint filed. Good for market speed, but cash flow killer for small accounts. NSE confirmed 4 intraday snapshots now.
Reply by BrokerWatcher (1 hour ago):
ICICI Direct smooth T+1 since May. SEBI's pushing transparency – no more EOD hides.