How does the allotment and billing process work?
The allotment follows a T+1 cycle. If shares are allotted, they will be credited to your demat account on the next working day (T+1), and the corresponding amount will be debited from your ledger with a relevant transaction narration.
Related Articles
What is the process for adding funds to my trading account?
You can easily add funds to your trading account through our mobile application (Swastika) by following the Video/ below steps:- Our detailed video on adding funds: Follow these Steps: 1. Log in to Swastika app. 2. Click on the "Add Funds" button, ...
What are the fund requirements for placing an OFS bid?
To ensure a smooth application, please have the required amount available in your ledger prior to placing a bid. This ensures funds are accessible when the allotment is processed, reducing the risk of delays.
Who are the analysts behind the research provided in Wealth Bags?
Wealth Bags is backed by a team of experienced analysts who provide in-depth research and insights to help investors make informed investment decisions. These analysts work closely with clients to understand their unique investment goals and risk ...
What are Wealth Bags?
Imagine you're at a grocery store, and instead of picking individual items, you see pre-packed baskets filled with different types of fruits or snacks. Wealth Bags work similarly but with stocks instead of groceries. They're like ready-made bundles ...
What is the portfolio management approach used in Wealth Bags?
In Wealth Bags, we use a portfolio management strategy for managing the collection of stocks. Imagine your investments are like a bag filled with different stocks instead of money. The experts at Wealth Bags carefully choose what goes into this bag, ...