If you also have a question that when does the money come into your account after selling the shares or after how many days after selling the shares do you get the money and when will you get the money after selling the shares today? If you also want to know this, then you have come to the right place.
because today i’m going to tell youWhen do you get money after selling shares?‘ I am going to answer this in very easy language and apart from this you will get to learn a lot more in this post related to this topic.
Share Market Most of the people who are new in this question comes in their mind that suppose I have a share, that is, I have already bought a share. Now if I sell that stock today, will I get the money immediately? Or do I have to wait…
If have to wait then for how many days? After selling the shares, how long will it take for the money to reach your bank account?
So do not worry, today we will explain everything about this topic to you. If seen, this is a very important question about which new investors must know, otherwise you will lose a lot in the stock market. Harm Can also pick up.
So without wasting any time let’s get straight to the point that When does the money come after selling the shares?
When does the money come after selling the shares?
Money comes into your bank account after ‘T+2’ days of selling the shares. ‘T’ means ‘Trading day’ means one day on which you have sold the shares and after that the next day, after these 2 days the money comes into your account on the third day. That is, if you have sold the shares on Monday, then after two days, on the third day, on Wednesday, you get its money.
This means that after selling the shares, you do not get the share money immediately but have to wait for 3 days.
- first dayThe day you sell the shares and the settlement of the shares takes place on the second day, then on the third day the money comes to your demat account, then you can transfer that money to your bank account anytime.
Now one thing has become clear that after selling the shares, you do not get the money immediately, but it takes 3 days to get the amount in your bank account at the price at which you have sold the shares.
What happens after selling the stock?
If you also have a question that today What if I sell my shares?
- so tell you that On the third day of the day you sell the shares, you can withdraw the money of the shares in your bank account.
But do you know that immediately after selling the shares, the money of the sold shares starts appearing in your demat account, but before 3 days you cannot transfer it to your bank account, rather you can buy new shares with the money.
Let us understand through an example-
Suppose now you have Rs 500 in your demat account, then if you transfer the money to your bank account, ie withdraw, it will be done easily.
But suppose after some time you sell a share at the price of Rs 1000. So after selling the shares, there is money i.e. Rs 1000 which will be added immediately and will appear in the balance of your demat account.
Means the earlier Rs 500 in your demat account will now become (500+1000) = Rs 1500 after selling shares worth Rs 1000.
Now if you want to transfer this money to your bank account, then you can transfer only Rs 500 and not Rs 1500.
Yes, this will happen because it takes ‘T+2’ days for the settlement of the share you have sold for Rs 1000. Means you can withdraw money in your bank account only after 3 days even if it is still visible in your demat account.
But let me tell you here The 1500 Rs that you are currently seeing in your demat account means that you can buy new shares from the money of the sold shares.
- Means you can buy any share of these Rs 1500 immediately but cannot transfer these Rs 1500 to your bank account
That is, you do not get the money immediately after selling the shares, but you can buy other shares with that money and the money will be deposited in your bank account.T+2That means it comes on the third day.
I hope you nowWhen do you get money after selling shares?There must have been some clarity related to this. But still there are some common questions in people’s mind which are as follows-
How much money does it take to sell a share – FAQ’s
Can I sell shares on t1 day?
Yes you can sell shares on T1 day. T1 money means first day of trading which is Monday if you sell shares on this day then you get share money after T+2 day i.e. Wednesday.
Can we sell the stock on t2 day?
T2 day means the second day of trading i.e. ‘Tuesday’ you can sell the stock on this day but it will take till Thursday for the money to reach your bank account. Means to say that you can buy and sell shares on any day except Saturday and Sunday as there is a holiday in the stock market on these 2 days.
When do I get paid after selling shares in Groww app?
It doesn’t matter with which broker your demat account is open means whether you sell shares through Groww app or Upstox, Zerodha, Angle one, 5 paisa or any other broking app, in all these you get money on ‘T+2’ i.e. 3rd day of selling shares.
What if I sell my shares at a loss?
It is a simple matter if you sell your bought shares at a price less than the buying price, that is, at a loss, then you will lose the same amount of money.
Suppose if you buy a share for Rs 100 and sell it at Rs 50, then you will suffer a loss of 50% i.e. Rs 50. Apart from this, you will have to pay brokerage charges and taxes separately.
After how many days money is received after selling the shares?
T+2 days after selling the shares i.e. money is received on the third day. Suppose today is Monday and if you sell a share today, you will get its money on Wednesday.
How long to hold the stock before selling it?
There is no fixed rule for how long to hold the share before selling it, that means you can keep the share with you as long as you want and sell it at any time. But if you want to make money in the stock market, then you can earn good returns by holding fundamentally strong stocks for a long time.
When can I withdraw money from Upstox after selling shares?
After selling the shares, you can withdraw money from Upstox on the third day means transfer it to your bank account. Suppose if you sold a share from your upstox demat account today, you can withdraw its money on the third day leaving today and tomorrow.
Can we sell the holding on the same day?
Yes, you can sell your purchased shares ie holding on the same day after buying the shares, but it is of no use because you will get the money for the shares only after T+2 days. And apart from this, you will also have to pay brokerage charges and taxes on buying and selling shares.
but if you intraday trading If you do, you have to buy and sell shares on the same day. Remember, you can buy new shares with the money sold from the shares, but you cannot get that money deposited in your bank account.
That’s why people who buy and sell shares on the same day means doing intraday trading, their only aim is to earn profit by buying shares at a lower price and selling them at a higher price on the same day. You can do this if you want but for this you have to be well prepared. trading You should know how to do otherwise you can suffer a lot of loss in a single day.
When do you get money after selling shares – ‘Conclusion’
In this post you learned that When does the money come after selling the shares, How many days after selling the shares do you get the money and how long does the money come to your bank account. I hope now you will not have any doubt related to this topic in your mind.
But if you still have any question, then definitely ask by commenting below. I would be happy to answer your question.
Do read other posts of this blog to learn more about share market;
About Author My name is Deepak Sen and I am the founder of this blog. Here I regularly share useful information related to Share Market, Investment and Finance for my readers.