Delivery is the product type you pick when you want to own the shares and hold them for as long as you like — the next day, next month, or years later. The shares are credited to your demat account, and you pay the full amount of the trade upfront. This is the usual choice for investing.
How does Delivery work?
- You choose Delivery as the product when placing the order.
- The trade needs the full value of the shares — there's no leverage and no interest.
- Once settled (on the next trading day, T+1), the shares sit in your demat account as holdings, with no time limit on how long you can hold them — see when your bought shares show in Holdings.
- When you sell, the shares leave your demat holdings and you receive the proceeds.
When can I sell, and when do I get the money?
- You can sell your holdings any time after they're settled into your demat account.
- When you sell delivery holdings, 100% of the proceeds can be used immediately for new trades.
- To withdraw that money to your bank, it's available by the next evening (the T+1 settlement cycle). See when your funds settle after you sell Delivery shares.
Can I switch a trade to or from Delivery?
Yes. A position taken today can be converted between Intraday and Delivery without closing it — see How to convert Intraday to Delivery and vice versa?. A holding from a previous day can't be converted to Intraday.
What are the charges?
Delivery trades are charged a small percentage of turnover as brokerage, with no funding interest. For the exact, current numbers, see the Rupeezy pricing page.
If you want extra buying power instead of paying the full amount, see which product to choose — Intraday, Delivery, MTF or T+5, or read about the interest-free T+5 product.