Clearing Processing Timelines
Below is the revised/updated clearing operations timelines.
Normal Clearing
Clearing Sessions |
Collection by Clearing House |
Delivery by Clearing House |
Collection of Returns |
Delivery of Returns |
Overnight Clearing |
5:30 pm T+0 |
9:00 am T+1 |
1:00 pm T+1 |
3:30 pm T+1 |
Same Day Clearing
Clearing Sessions |
Collection by Clearing House |
Delivery by Clearing House |
Collection of Returns |
Delivery of Returns |
Same day Clearing |
10:00 am T+0 |
12:30 am T+0 |
2:00 pm T+0 |
3:30 pm T+0 |
Intercity Clearing (Centralized)
Clearing Sessions |
Collection by Clearing House |
Delivery by Clearing House |
Collection of Returns by Clearing House |
Delivery of Returns by Clearing House |
Intercity Clearing (Centralized) |
5:00 pm T+0 |
9:00 am T+1 |
1:30 pm T+1 |
3:30 pm T+1 |
Clearing House Timelines for Settlement of Clearing Batches
Intercity Clearing (De-Centralized) | ">
Clearing Sessions |
Timings for Settlement |
---|
Overnight &Intercity Clearing (Centralized) |
9:30 am |
|
10:00 am |
Same day Clearing |
1:00 pm |
Overnight &Intercity Clearing Return |
2:00 pm |
Intercity Clearing Return (De-Centralized) |
1:30 pm |
Same day Clearing Return |
3:00 pm |
*T means the business day on which the payment instrument is lodged for Clearing