What is square off time in Zerodha?

The auto square-off is triggered in the following scenarios:

• CO/MIS position is not closed within a designated square-off time.
• Insufficient margins in case of derivative positions
• MTM losses exceed 50% of the position

Note:

• The auto square off attracts additional charges of Rs 50 over and above the brokerage.
• The above-mentioned timings may change a bit based on market volatility. Zerodha informs its customer of any changes via mobile app notification.

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