The negative value is either something you bought or the loss in the account. So yeah, need to bring it on Monday. Ideally, there shouldn’t be a negative. Can you DM me the ID, I will have someone check and respond to you.
If you use 3rd party payment gateway providers, they don’t settle instantly with the merchant for any of the payment modes Merchant = broker in this case.
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Mine too went into negative cash, not by big amount and so ok. Just wanted to understand how this happened.
Hi @pmahesh84,
Can you please DM me the ID ?
50% of the margin used for your F&O trades has to be available in cash even if you have pledged collateral. In case the opening cash balance and funds added for the day are inadequate but you have enough collateral pledged, your trade will go through but your available cash balance will become negative.
Using your screenshot as an example:
Your margin used is 248292.21 and you have adequate collateral to take the trade. But since you need to maintain 50% of this in cash, first your available balance is reduced.
i.e.
Opening cash balance – 50% of used margin =
124229.60 – 124146.105 = 83.495
Why does the screenshot say -115.88 instead of 83.495?
This will likely be due to realised or unrealised losses in your position.
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@nithin hello sir ; ) I still haven’t received money back on primary bank acc! that’s means I will end up missing trading on Monday tho? bcoz zerodha always sent money to bank probably by Monday 3pm around even my friends who’s not using zerodha or xyz broker they receive there money!!
My funds still not transfered to my primary account although zerodha email me that your account is settled… Where is My money???
Hey @1kaira, @Shozab_Abbas, answered above:
Yep. You can transfer the funds anytime to your trading account.
thanks for the clarification.
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I use HDFC. IIRC, there is a setting in HDFC netbanking to increase the daily third party transfer limit upto 50L.
Dear my fund not rcvd on my bank account
Monday trading is going to get disturbed heavily. Since the fund is expected in Bank account on next working day.
Hey @Vikash_Patidar, @Raj_Kumar1, the funds will be credited to your bank account by end of the day. In a worst case, by tomorrow.