Frequently Asked Questions

ENCASH product is made available only for Equity segment. Only fresh sell orders allowed in ENCASH trade. This product is being both in Bombay Stock Exchange (BSE) and National Stock Exchange(NSE).

ENCASH orders once placed cannot be converted to CnC order. Similarly a CnC sell order once places also cannot be converted to ENCASH order.

ENCASH orders would not be treated as square off orders even if there is buy CNC order for the same scrip during the day.

Client cannot place off market order in ENCASH.

When the customer places sell order, he has to select ENCASH as the product (Cash, Intraday, ENCASH). The same shall be provided through a drop down. The rest of the details that need to be filled would be the same as in a normal sale transaction. Customer can place ENCASH orders through any channels, Internet, Branch, CallN-Trade, Dealing desks.

Any Resident Indian Clients with privilege to trade in CnC can opt for the product. NRI Client cannot opt for the product.

Client is charged additional 0.20% over and above the equity delivery brokerage rate applicable to him. Please note that ST, STT, Transaction charges and Stamp Duty will be payable at applicable rates in addition to the brokerage. For more details visit our website www.hdfcsec.com

Fund limits arising out of sale proceeds of ENCASH trade will not be provided to the customers. Funds payout is only allowed if the security paying for ENCASH trade is successful.

Client cannot place order in ENCASH on bank / clearing holidays.