When you place an order, you choose a product type. It decides how long you can hold the position and how much margin you need. Here's what each one means.
Delivery
Buy shares and hold them for as long as you like. The shares are credited to your demat account, and there's no time limit — you can sell them the next day, next month, or years later.
- Needs the full amount of the trade upfront.
- Best for investing and longer-term holding.
Intraday
Buy and sell within the same trading day. Any open Intraday position is automatically squared off before the market closes.
- Needs less margin than Delivery (you get intraday leverage).
- Best for same-day trades; short selling also uses Intraday.
T+5
A Rupeezy product that lets you hold an equity position for up to 5 trading days (7 days including Saturday and Sunday), with up to 5X leverage and no interest during that period.
- Your available funds are used first; the leverage amount reflects in your ledger.
- On the final day you can pay the balance, sell the position, or let it be auto-squared-off.
- Full details: T+5 Product.
Carryforward
Hold a position overnight, beyond the current trading day — used mainly for Futures & Options. The position is carried forward to the next day and stays open until you square it off or the contract expires.
- Needs the full (overnight) margin to hold the position.
- Best for positional trades held across days.
Quick comparison
| Product type | Holding period | Mainly used for |
|---|---|---|
| Delivery | No limit (shares in demat) | Investing / long-term |
| Intraday | Same day (auto square-off) | Same-day trading |
| T+5 | Up to 5 trading days | Short-term equity with leverage |
| Carryforward | Overnight, until square-off/expiry | Positional F&O |