Product Conversion on WebNotes

How to convert an NRML position to MIS on Kite

Sun, 21 Jun 2026 00:00:00 +0000

Converting an NRML position to MIS on Zerodha Kite changes an overnight or carry-forward position into an intraday one, which lowers the blocked margin to the intraday level but subjects the position to auto-square-off at the segment cut-off. You do it from the Positions tab in two clicks, selecting MIS as the target product. The trade-off is the point of the conversion: you free margin now, but the position will be closed for you by the end of the session unless you square it off or convert it back first.

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.

How to convert MIS to CNC before square-off on Kite

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

When you buy equity shares using the MIS (Margin Intraday Square-off) product code on Zerodha Kite , Zerodha’s system automatically squares off the position before the end of the trading session, typically between 3:20 PM and 3:25 PM IST, whether you are profitable or not. If you decide mid-session that you want to hold the purchased shares overnight rather than close the position, you can convert the product code from MIS to CNC (Cash and Carry) using Kite’s position conversion feature, provided you do so before 3:20 PM IST and have sufficient funds to cover the full delivery margin. This guide explains the procedure step by step.