If you want to apply for the physical settlement of your eligible stock futures or option positions on Groww, follow these steps:

Initiate Request:

Click on the 'APPLY FOR PHYSICAL SETTLEMENT' button below.

Ensure Sufficient Balance/Shares:

For taking delivery (e.g., Long Call ITM): Make sure you have enough funds (required margin) in your Groww balance.
For giving delivery (e.g., Long Put ITM): Ensure you have the necessary shares in your Demat account.

Crucial Deadline:

Have the required funds or shares in your account one trading day before the contract's expiry date. This is crucial to meet exchange obligations and avoid potential penalties.

Important Reminders:

Most F&O positions on Groww are settled in cash by default. You must apply for physical settlement if that is your intention.
Physical settlement mainly applies to stock futures and in-the-money (ITM) stock options. Index options like NIFTY or BANKNIFTY are always cash-settled and do not require physical delivery.
Review our detailed Physical Delivery Margin policy to understand the increasing margin requirements for ITM stock options as expiry approaches.

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