Ageing debit refers to the non-funded debit balance in your trading account that remains unpaid beyond the allowed time. This amount must be cleared to avoid penalties or trading restrictions.

What Can Lead to an Ageing Debit?
Here are the common scenarios where ageing debit may arise:

• - For Non-MTF Clients
  If you haven’t opted for Margin Trading Facility (MTF), any debit in your account must be cleared within T+4 days (Trade date + 4 working days).

• - Trading Losses
  Losses from intraday or delivery trades in both the cash and derivatives segments will add to your non-funded debit.

• - Charges & Margin Shortages
  Any charges such as DPC (Delayed Payment Charges), interest, or margin shortfall penalties are considered non-funded debits.

• - Purchase of Non-MTF Approved Stocks
  If you buy shares that are not approved for margin funding, the debit from this purchase will be marked as non-funded.

• - Minimum Debit Threshold Not Met
  To fund your purchases using MTF, the debit amount must meet a minimum threshold of ₹5,000. Any amount below this will be considered non-funded. (Note: The ₹5,000 threshold is subject to change.)

• - OTP Not Authorised for MTF Pledge
  If you’ve activated MTF, you must authorise the pledge via OTP within T+1 day for eligible stocks. If the OTP is not provided promptly, the purchase amount will be marked as a non-funded debit.

Why It Matters

Uncleared ageing debits can result in interest charges, square-off of holdings, or even account restrictions. Ensure timely payments or pledges to maintain a healthy trading account.