T+2 settlement: when your shares and money arrive
T is the trade day. NEPSE settles trades two trading days later (T+2): the buyer's shares reach their demat and the seller is paid through the broker. Weekends and holidays don't count.
Day by day
| Day | Buyer | Seller |
|---|---|---|
| T (trade day) | Order executes in TMS; contract note issued | Order executes; do EDIS in Meroshare the same day |
| T+1 | Pay the broker (collateral/bank transfer) | EDIS deadline (broker's cut-off) — shares blocked for delivery |
| T+2 | Shares credited to demat | Settlement done; broker pays out the sale amount after fees and CGT |
Holidays push each step to the next trading day. Bonus and IPO shares follow their own (longer) corporate-action timelines.
Close-out: what if the seller doesn't deliver?
If sold shares aren't delivered (most often a forgotten EDIS), the trade is closed out and the seller pays 20% of the transaction amount — reported as 75% to the buyer and 25% to the government. Do EDIS on time.
Can I sell the same day I buy?
Not as normal practice today: NEPSE doesn't yet have a legal intraday-trading framework, so shares you buy should be settled in your demat before you sell them. In September 2026 the government's capital-market reform plan said it would draft the legal basis for intraday, margin trading and short selling — until that's in force, plan on holding at least until settlement.
Frequently asked questions
What does T+2 mean?
Trade day plus two trading days. Settlement — shares to the buyer, money to the seller — completes on the second trading day after the trade.
When will bought shares show in my demat?
On T+2, once your broker has received your payment. Weekends and holidays are skipped.
When do sellers get their money?
After settlement on T+2, through the broker, net of commission, SEBON fee, DP charge and capital gains tax.
Sources
Facts on this page last verified 6 October 2026.
- T+2 to be implemented from today — what changes in the settlement process — Merolagani
- How NEPSE settlement works: T+2, circuit breakers and trading hours — Kharchapatra, 16 June 2026
- Transfer your shares on time to avoid close-out fines — Onlinekhabar English, 16 February 2024
- Government rolls out sweeping capital market reform plan (CGT cut; margin/intraday framework planned) — The Kathmandu Post, 15 September 2026
- Nepal Stock Exchange — notices — NEPSE
General information for learning only — not investment, tax or legal advice, and not a recommendation to buy or sell any security. Rules and fees change: the latest notices from NEPSE, SEBON, CDSC, IRD and your own broker/DP are final.
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