How To Convert Intraday to Delivery in Zerodha in 1 Min? Quick and Easy

Attention to all the beginners in the stock market !! Are you also one of those who directly jump into Intraday Trading or Options Trading? And, at the end of the day, when the market goes against your expectation, you don’t know how to protect your losses?

Then, yes. This is your sign to read our detailed article on “How to convert intraday to delivery in zerodha?” Because this is one of the most effective ways to protect you from losses, especially when you are confident about the market for the next day.

What is convert position in zerodha?

Convert Position in Zerodha means converting a trade from one trading segment to another. It allows traders to switch a trade’s status from intraday/MIS (short-term) to delivery/CNC (long-term), or vice versa. 

Convert position in zerodha is useful to provide traders with the flexibility to adapt their trading strategies and investment preferences.

For example, if a trader executes an intraday trade but decides to hold the stock for a longer period, they can use the “Convert Position” feature to convert an intraday position to a delivery position. 

On the other hand, if a trader holds stock in their delivery portfolio but wants to take advantage of short-term price movement, they can convert the position to intraday.

Also Check: How to Add Nominee In Zerodha Kite Mobile App In Just 5 Min?

Converting Position in Zerodha

Zerodha offers different segments for trading. Let us understand different converting positions in Zerodha:

CNC (Cash and Carry)

The CNC segment is used for delivery-based trading. When you want To purchase stock for more than one day then you need to choose CNC. 

If you have executed an intraday trade (MIS), you can convert it to a CNC position. This is especially useful if you believe the stock will grow shortly.

MIS (Margin Intraday Square-off)

The MIS segment is specifically for intraday trading, where you buy and sell stocks within the same trading day. 

In a date reading you have two options with MIS position, i.e., square off or convert to CNC

  • Squaring Off: If you want to sell the stock in an intraday position, you can simply choose to “square off.
  • Converting to CNC: If you want to hold stock for more than one day, then, you can convert an intraday trade to a CNC position.

NRML (Normal)

The NRML segment is used for holding futures and options positions overnight. Converting positions in the NRML segment generally involves holding derivative contracts for a longer period, usually beyond the current trading session.

If you are trading in the NRML segment, your positions are automatically carried forward to the next trading day. You don’t need to manually convert these positions as the NRML segment is already for overnight holding.

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How to convert intraday to delivery in zerodha – step By step tutorial 

Converting your intraday positions to delivery in Zerodha is a straightforward process with a few simple steps. Below is a step-by-step tutorial on how to convert intraday positions to delivery in Zerodha:

Step 1: Log In to Kite App/Web by using your credentials.

Step 2: Go to the “Positions” tab on your dashboard. Here you can see all your current open positions, including intraday trades.

How To Convert Intraday to Delivery in Zerodha in 1 Min

Step 3: Select the stock/intraday position that you want to convert to delivery. You will see three dots here.

How To Convert Intraday to Delivery in Zerodha in 1 Min

Step 4: Click on the “Convert” button and a dialogue box will open.

Step 5: Select the product type that you want to convert to (CNC, MIS, or NRML).

Step 6: Enter the number of shares that you want to convert to delivery.

Click on the “Convert” button and it will ask you to review the details such as number of shares and segment. If everything is accurate, click the “Confirm” button.

Once you have converted your position, you can see the updated position details in the “Positions” tab.

Check Zerodha Tutorial to Convert Intraday to Delivery in Zerodha

Note: If you don’t convert Your positions from intraday to delivery before 3:20 p.m. then the broker will automatically square off all the intraday positions. You are not allowed to carry forward your MIS/intraday position to the next day

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Benefits of converting intraday to delivery

Converting an intraday position to a delivery position is solely an individual’s strategic decision. However, here are some scenarios when you might consider converting an intraday trade to a delivery trade:

Long-term growth potential: Stock has the potential for significant long-term growth

Favorable market trend: If the market is displaying a favorable trend and you believe that the stock has the potential to continue its upward movement in the next trading days also.

Avoiding Losses: If an intraday trade is Providing loss and you believe that the stock’s performance might improve over time.

Dividend Yield: If you’re holding a stock that offers dividends and you want to receive dividend payments.

Tax Considerations: Considering the tax implications, such as reduced short-term capital gains tax rates for holding stocks for a longer duration. 

Charges for converting position in Zerodha

Zerodha doesn’t charge any fee To convert intraday to delivery in zerodha. The only charges/brokerage will be of the execution of the trade whether it is MiIS or CNC.

Conclusion on Convert intraday to delivery in Zerodha 

Converting intraday positions to delivery in Zerodha offers traders the flexibility to transition from short-term trading to long-term investing. It’s a convenient feature that allows you to make the most of your trading strategies and capitalize on investment opportunities.

Frequently asked questions 

1. Can I convert intraday buy to delivery in Zerodha?

Yes, you can convert intraday to delivery in Zerodha. Simply go to the “Positions” tab on your dashboard. Select the stock you want to convert to delivery and click on the “Convert” button.

2. Can I convert intraday into delivery?

Yes, you have the option to convert intraday positions into delivery positions. Converting intraday into delivery allows you to hold the stocks for more than one trading day and carry them in your demat account for a longer duration.

3. What are the charges to convert intraday to CNC Zerodha?

Zerodha does not charge any fee/brokerage for converting intraday positions to CNC (Cash and Carry) positions. However, it’s important to note that regular applicable charges for regular trading, such as brokerage fees, taxes, and other regulatory charges. 

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Hey, I'm Soniya Luthra (founder of, a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

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