How to convert CNC to MIS on Kite

Tue, 12 May 2026 00:00:00 +0000

Converting a CNC (Cash and Carry) position to MIS (Margin Intraday Square-off) on Zerodha Kite changes the product code of a same-day buy from a delivery position to an intraday position. This conversion releases the excess margin blocked for full delivery, and makes the position subject to the MIS auto square-off at 3:20 PM IST if it is not manually closed earlier. The conversion is less common than the reverse MIS to CNC conversion but has legitimate use cases, primarily when a trader buys shares as CNC and later decides to exit intraday rather than hold overnight. This guide covers the procedure and important caveats.

CNC to MIS on WebNotes

How to convert CNC to MIS on Kite