MARKET MECHANICS • GUIDE

T+1 Settlement in India Explained

Understand trade date, settlement date and what T+1 means for Indian securities.

T+1 generally refers to settlement on the next business day after trade date under the applicable framework.

Trade vs settlement

An order can execute today while final cash and securities settlement occurs later.

Why it matters

Settlement affects delivery, cash availability and some post-trade processes.

Current rules

Settlement rules can change or differ by instrument, so verify current exchange/depository rules for operational questions.

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