What is Deliver Position in “Product Type”?

Delivery Position refers to trades where you take or give actual ownership of shares, rather than squaring off the position on the same day.

In Delivery Trades:

• If you buy shares, they are credited to your demat account on the settlement day (usually T+1, where T is the trade date).
• If you sell shares, they are debited from your demat account and transferred to the buyer.

Example:

If you buy 100 shares of a company and hold them after market hours, the trade is considered a delivery trade.