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What is CNC?CNC stands for Cash N Carry, which is also known as Delivery Trading. It refers to the arrangement where the trader needs to block the entire amount of required funds or shares at the time of order placement.
Who should use this product?Cash N Carry product is best suited for:Investors with a low risk appetiteAmateurs in stock trading, wanting to test watersInvestors looking at limited and completely safe exposure in stock markets
How does CNC work?Under CNC, you can only buy stocks of amount present as 'Available Delivery Limits'. This is also known as clear ledger balance. You will be able to sell only those stocks which are available as holdings in your demat account.For sell positions, we immediately increase your trading limit with the value of the sell trade. This helps in taking further positions in the market. Please note that we may require additional margin to cover for brokerage and other statutory charges
Can I sell any stocks bought in CNC on the same day?Yes, You can sell the stocks bought in CNC on the same day. In such a case brokerage shall be charged as applicable to intraday trades.
Can In convert my CNC position to NRML or MIS?We provide a Position Conversion feature, which helps you convert your CNCposition to NRML or Margin Orders (MIS) before specified cut-off time, subject to availability of required margins.
Can I buy securities against the proceeds of sales that I have done under CNC?Yes, You can create positions against proceeds of sale done under CNC
Our operational timing : 8.30 am to 4.30 pm, Monday to Friday.
022 39886000 | 022 25816000
022 26856000 | 022 33506000
Partner Desk : 022 39896789
*At the time of contacting us, please keep your account details ready for our customer service executive to assist you promptly.
SEBI Registration Nos.:
Stock Broker:- INZ000172433
CDSL:- IN-DP-257-2016 | NSDL:- IN-DP-NSDL-363-2013
AMFI ARN No.29889
IRDA Corporate Agent (Composite) Registration Number :
CA0195 (valid till 31-Mar-2019)
Corporate Identity Number:
Brokerage will not exceed the SEBI prescribed limit. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Insurance is a subject matter of solicitation.
Compliance Officer :
Mr. Palkesh Shah (email id: firstname.lastname@example.org
, Tel:(91)(22)3303 4001)
In case of grievances for Securities Broking write to us at:
and for DP: