Change in Collateral Timings · 0263/2026
NSE circular 0263/2026 · 21 Jul 2026
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited revises the cut-off timings for collateral addition and release in the Capital Market Segment. Members, Custodians, and Professional Clearing Members must follow the new schedule for cash, FDR, and securities starting July 22, 2026. The new cut-off time for cash and FDR addition is 9:00 PM. Intraday cash and FDR release now ends at 9:00 PM, while allocation ends at 11:30 PM. End of day release remains at 8:00 PM. The circular also defines sixteen specific batch timings for the release of pledge securities throughout the day. Clearing members must submit requests for the release of repledged securities for pay-in requirements one day before the pay-in date.
What you must do
- Submit requests for release of repledged securities one day prior to the pay-in date.
Key dates
- Effective from
- 22 Jul 2026
Document text
NSE Clearing Limited
| DEPARTMENT: CAPITAL MARKET SEGMENT | |
|---|---|
| Download Ref No: NCL/CMPT/75318 | Date: July 21, 2026 |
| Circular Ref. No: 0263/2026 |
All Members/Custodians/PCM
Sub: Change in Collateral Timings
This is with reference to circular ref. no. 0153/2026 (Download Ref No: NCL/CMPT/73996 dated April 30, 2026) regarding timings for collateral addition and release.
Based on the feedback received from the members the revised timing for collateral addition and release shall be as follows:
| Type | Current cut off time | New cut off time |
|---|---|---|
| Cash and FDR Addition | 7:30 PM | 9:00 PM |
| Cash and FDR Release: | ||
| Intraday | 8:00 PM | 9:00 PM |
| End of Day | 8:00 PM | 8:00 PM |
| Allocation | 8:00 PM | 11:30 PM |
| Pledge Securities | |
|---|---|
| Batches | New Release Timing |
| 1 | 8:30 AM |
| 2 | 9:00 AM |
| 3 | 9:30 AM |
| 4 | 10:00 AM |
| 5 | 11:00 AM |
| 6 | 12:00 PM |
| 7 | 1:00 PM |
| 8 | 2:00 PM |
| 9 | 3:00 PM |
| 10 | 3:30 PM |
| 11 | 4:00 PM |
| 12 | 4:30 PM |
| 13 | 5:00 PM |
| 14 | 6:00 PM |
| 15 | 7:00 PM |
| 16 | 8:00 PM |
| EOD | 9:00 PM |
*In case of request for release of repledged securities towards pay-in requirement clearing members should ensure that such request is made one day prior to pay-in and not on the pay-in date.
The above timings shall be made effective from July 22, 2026.
For and on behalf of NSE Clearing Limited
Huzefa Mahuvawala Chief Risk Officer
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (IVR Option 2) | collaterals_ops@nsccl.co.in |
Non-Confidential
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 21 Jul 2026
- Document number
- 0263/2026
- Issuing division
- Capital Market Segment
- Effective date
- 22 Jul 2026
- Coverage area
- securities