When will the stocks leave from the DP account in SLBM?
Shares will get debited on the same day itself on EOD, since we do the early pay-in. Hence to lend, you need to ensure the shares are available in your DP.
Shares lent by client on trade day will exit from DP on T+1 day (i.e trade day + 1 trading day). Hence to lend, you needs to ensure the shares are available in your DP. This will stop reflecting in your investments, however you can view the stock under your DP holdings using the Neo mobile app. In the app,
-
Go to profile icon from top right corner of your home screen and click on reports and statements.
-
Click on DP/Demat holdings. You will be redirected to the Kotak Securities website where you can view the stock under your demat holdings.
To know how to set up your account on the Neo mobile app, click here.
Shares will get debited on the same day itself on EOD, since we do the early pay-in. Hence to lend, you need to ensure the shares are available in your DP.