Biggest problem in dhan . Funds are not available after selling equity shares

[Mitthi]

When equity share selling fund will be available?
1 if I buy today and sell tomorrow then wat what time 80% fund will be available 30min as per sebi regulations?
I sold my shares but I did not get fund till EOD .why? As per sebi it should available 80% in 30 min after selling.

[Poornima]

Hi @Mitthi,

If you have done BTST you shall be unable to receive any sell benefits on same day. You will receive 100% on next working day. Read more here -

Update: Trading Limits against Credit for Sale (CFS) and Sell restrictions effective 8 May 2023

Update: In accordance with the latest regulatory updates on Credit for Sale, we have introduced modifications to our Risk Policy. As you might be aware that Credit For Sale benefit can now only be provided after doing the early pay-in of securities To ensure a seamless transition, these changes will be implemented gradually over time. Case Selling of Stock Current Revised Phase (a) From Free Holding 80% 80% Phase 2 (b) CUSA 80% 0% Phase 2 (c) BTST 80% 0% Phase 2 (d) Margin Pledge …

[Mitthi]

Then it is biggest drawback using dhan. Better I should move my all holding to any other trading agent. Who follow sebi and give you sell benefit 80% on same day or even btst you get 80% on same day. Now I can’t trade and your this risk management system wasted my day. I will initiate another post for how to move one broker to another.