What happens if I am unable to make the due payment by the pay-in day?
If you are unable to make payments due on buy transactions by the pay-in day, the broker has the right to close your positions and sell the securities, unless you have an equivalent credit with the broker. The shares will be auto-pledged to Geojit's CUSPA (Client Unpaid Securities Pledgee Account) and treated as per the guidelines issued under the handling of unpaid securities.
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