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How long it takes to receive my money for a sale transaction and my shares for a buy transaction?

April 26, 2017buy money sale Shares takes transaction

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How long it takes to receive my money for a sale transaction and my shares for a buy transaction?

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Brokers were required to make payment or give delivery within two working days of the pay – out day. However, as settlement cycle has been reduced fromT+3 rolling settlement to T+2 w.e.f. April 01, 2003, the pay out of funds and securities to the clients by the broker will be within 24 hours of the payout.