(Resolved) After selling of delivery stock amount not credited for further investment

[Nitin082021]

I have sold share which was in my portfolio but amount not credited at a time and not showing any where. As per my understanding 80% of stock value credited at a time and 20% Next trading day.

[PravinJ]

Hi @Nitin082021 Welcome to Dhan community.

For account specific queries, request you to connect with Customer Service team at help@dhan.co.

In the case you are referring, you have sold shares that were purchased yesterday - T+1 holdings, before they were delivered. 80% of stock value is credited when you sold shares that are credited in your demat account, in this case you have done BTST (but today, sell tomorrow).

[Nitin082021]

Yes, But amount not credited after selling of shares

[PravinJ]

As you have sold the shares that are not delivered to your demat account. In this case the amount will reflect on the next day, not same day.

[Neelam_Kohli]

I got the same problem I sold 10k delivery shares and I didn’t got any of the amount today

[Divyesh]

Hi @Neelam_Kohli

Welcome to the MadeForTrade Community.

This is not a problem. The settlement cycle is set according to regulatory updates on credit for sale. If you purchase shares and sell them the next day, the full amount will be credited on the T+1 day.

@iamshrimohan

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	80%	80% or (100% less Haircut value whichever is minimum)	Phase 1

Consider the below examples for better understanding:
(a) If you sell stock from Free Holding - You will get flat 80% of the CFS benefit
(b) If CUSA stock is sold / You sell stock from CUSA - You will get no CFS benefit
(c) If you buy the stock and sell on the next day (BTST) - You will get no CFS benefit
(d) If you sell stock which is Pledged for Margin - You will get a minimum of 80% or (100% less the haircut value of the stock).

Stock Name	Haircut	CFS Benefit
Stock A	10%	Min (80%, 90%) = 80%
Stock B	15%	Min (80%, 85%) = 80%
Stock C	35%	Min (80%, 65%) = 65%

We will be rolling out Phase 1 (Case: d) from 10th August, 2023 and we will update the date of implementation of Phase 2 (Cases: a, b, and c).