Ageing Debit

Detail brief on Ageing Debit

Is this a broker’s rule or is there any rule from SEBI related to Aging Debit?
This rule is in accordance with the rules laid down by SEBI for clearance of ageing debit vide circular dated 26-09-2016.
Tue, 31 May, 2022 at 6:23 PM
What is Ageing debit?
An Ageing Debit is debit when you buy delivery of shares or MTM(Mark to Mark) Loss which is unpaid over the exchange specified days of making the payment....
Tue, 31 May, 2022 at 6:29 PM
From where will I get to know how many days are in my account in Aging debit?
You can check your ledger available in the trading App to ascertain the Ageing Debit, usually, brokers allow to keep debit up to T+7 days in case of Cash ...
Tue, 31 May, 2022 at 6:30 PM
What if I don't clear my debit within 7 days?
Firstly the ageing debit attracts delayed payment charges after T+2 days and as per compliance guidelines the Ageing Debits has to be cleared off within T...
Tue, 31 May, 2022 at 6:31 PM
Why were the shares I pledged squared off?
In case you fail to make the payment of the MTM Losses/Margin Shortfall incurred in a stipulated period then Choice reserves the right to square off your ...
Tue, 31 May, 2022 at 6:31 PM