Below is the revised/updated clearing operations timelines.
Clearing Processing 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
