Why is "Purchases are blocked as CDSL doesn't allow credit" error displayed?

This rejection message is displayed when attempting to buy P or ZP category stocks. These particular stocks are not listed on CDSL and, consequently, cannot be delivered to the demat account. For a comprehensive list of P and ZP category stocks, please refer to the provided link.

P-category stocks face restrictions from buying due to various factors, including illiquidity, infrequent trading, concerns related to depository matters, and high taxation. It’s important to note that all Tradejini (Depository participant) demat accounts are maintained with CDSL (Depository). After the shares are purchased, they are typically delivered to the demat account.

However, if a security isn’t listed on CDSL, it becomes impossible for Tradejini to credit the shares in the demat account. Consequently, buy orders for such stocks are blocked to ensure a smooth and compliant trading experience.

To know more about this or if you have further inquiries, please connect with our support team at 080-40204020 or write to us at help@tradejini.com.