The final obligation for securities pay-in is downloaded to the members and custodians on the T+1 day. The members / custodians make available the required securities in the settlement pool accounts with the depository participants on the pay-in day by 10.30 a. m. To facilitate this members are required to open pool accounts with depository participants of both the depositories, NSDL and CDSL.

Subsequent to receipt of pay-in instructions from the depositories, NSCCL determines the shortages after which pay-out files are generated and released to the depositories by 1.30 p.m. Members have a facility of direct delivery of securities to the investors accounts wherein payout receivable by members can be directly credit to the beneficial owners’ accounts as instructed by them.

In addition to the direct delivery of securities to the client account, Members also have a facility to receive their payout in their preferred depository.