Understanding Daily Settlement

How Daily Settlement Works

For Pay As You Trade users, we settle charges daily.

Settlement Schedule

• Time: 6:00 PM IST (12:30 UTC)
• Calculation: Completed trades since the previous settlement
• Charge: Automatic from saved payment method

Settlement Process

1. At 6:00 PM IST, we settle the pending completed-trade charges
2. Calculate: Trades × ₹14 + 18% GST
3. Apply any available trade credits
4. Charge the remaining amount
5. Send settlement confirmation email

Example

If you completed 5 trades yesterday:

• Base charge: 5 × ₹14 = ₹70
• GST (18%): ₹12.60
• Total: ₹82.60
• If you have 2 trade credits: 3 × ₹16.52 = ₹49.56

Credit Application Order

1. Referral credits (no expiry)
2. Promotional credits (earliest expiry first)
3. Pack credits (if applicable)
4. Then charged to payment method

Zero-Charge Days

• No completed trades = No charge
• Only used credits = No payment method charge
• You'll still get a summary email

Viewing Settlement History

Go to Settings → Billing → Daily Charges to see:

• Date-wise breakdown
• Trade count per day
• Credits used
• Amount charged