Change in timings for Early pay-in and Collateral allocation
NSE circular NCL/CMPT/ 74885 · 25 Jun 2026
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited revises the final cut-off times for Early Pay-in (EPI) of funds and securities for July 03, 2026. The exchange also updates the download time for the margin report. The collateral up-streaming and down-streaming window for cash and fixed deposit receipts remains open until 8:00 PM. The collateral allocation window remains open until 10:00 PM. NSE Clearing Limited attempts to release cash, fixed deposit receipts, or bank guarantees within one hour of a request from a clearing member on July 03, 2026. This release depends on the availability of collateral after margin checks.
What you must do
- Members must complete Early Pay-in of funds and securities by the revised cut-off times on July 03, 2026.
Key dates
- Effective from
- 03 Jul 2026
- Effective date for revised timings
Document text
[Image omitted. See the official document.]
Department: CAPITAL MARKET SEGMENT
Download Ref No: NCL/CMPT/ 74885 Date: June 25, 2026
Circular Ref. No: 0223/2026
All Members/ Custodians/ PCMs,
Sub: Change in timings for Early pay-in and Collateral allocation
Members are requested to note that in view of SEBI circular SEBI/HO/MIRSD/DOP/P/CIR/2022/10 dated July 27, 2022, regarding Settlement of Running Account of Client’s Funds lying with Trading Member (TM) the final cut-off time for EPI of Funds and EPI of securities for July 03, 2026, is being revised as follows:
| ACTIVITY | EXISTING TIMELINE | REVISED TIMELINE |
|---|---|---|
| EPI of Funds final cut-off time | 07:45 PM | 07:00 PM |
| EPI of Securities final cut-off time | 09:00 PM | 07:00 PM |
| EPI of Securities for clients clearing directly with the UPI block facility | 08:00 PM | 06:00 PM |
| Download of margin report | 10:30 PM | 09:00 PM |
The collateral up-streaming and down-streaming window for cash and fixed deposit receipt shall remain open till 8:00 pm
The collateral allocation window shall remain open till 10:00 pm.
NSE Clearing shall endeavour to release Cash/ FDR/ BG within one hour of the request received from the clearing member on July 03, 2026, subject to collateral available for release post necessary margins checks.
For and on behalf of NSE Clearing Limited
Ashwini Goraksha Associate Vice President
| Telephone No | Email id |
|---|---|
| 18002660050 (Option – 2) | cm_clearing_ops@nsccl.co.in |
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 25 Jun 2026
- Document number
- NCL/CMPT/ 74885
- Issuing division
- CAPITAL MARKET SEGMENT
- Effective date
- 03 Jul 2026
- Coverage area
- securities