What does CNC, MIS and NRML Mean?
By: Akriti Tomar | Date : Dec 16, 24
Cash and Carry (CNC)
CNC is used for delivery-based trading in equity. It allows you to buy stocks and hold them for as long as you like. There is no leverage, and positions are not auto-squared off. You can sell the stocks from your holdings anytime.
Did You Know? If you buy and sell the stock within the same day, it will be treated as an intraday trade, with corresponding brokerage charges.
Margin Intraday Square off (MIS)
MIS is designed for intraday trading with leverage. It’s used for equity, equity F&O, commodity futures, and currency futures. Positions are automatically squared off at the end of the day if not manually closed before the auto-square-off time.
Normal (NRML)
NRML is for overnight trading in futures and options, allowing positions to be carried until expiry. It doesn’t offer intraday leverage but is used for holding futures and options over multiple days or for currency delivery-based trading.
Each product type has its specific purpose, so choose the one that aligns with your trading goals.
| Feature | CNC (Cash and Carry) | MIS (Margin Intraday Square Off) | NRML (Normal) |
| Purpose | Delivery-based trading | Intraday trading | Overnight trading in futures/options |
| Leverage | No leverage | Yes, leverage for intraday trades | No leverage |
| Auto Square Off | No | Yes, positions closed automatically at the end of the day | No |
| Suitable for | Long-term holding or delivery trading | Short-term intraday traders | Traders holding positions overnight |
| Position Holding | Hold indefinitely | Must be closed the same day | Hold until expiry or next trading session |
Table of content
Categories
Open Demat Account 
Related Posts
-
Document required to open demat account with Rmoney?
In case you are opening your Demat Account Online, you will have to upload your...
-
How Do I Download The Position Data For Every Strategy?
On the Deployed Page when you click the right menu next to every strategy block,...
-
How to Add Funds in the RMoney Tradion App?
Adding funds to your RMoney trading account is a quick process that can be done...
-
How to Apply for an IPO under the NIB or HNI Category
How to Apply for an IPO under the NIB or HNI Category Investing in an...
Filing Complaints on SCORES (SEBI) – Easy & Quick
- Register on SCORES Portal (SEBI)
- Mandatory details for filing complaints on SCORES:
- Name, PAN, Address, Mobile Number, E-mail ID
- Benefits:
- Effective Communication
- Speedy redressal of the grieva`nces

IT'S TIME TO HAVE SOME FUN!
Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
Investment to ek bahana hai,
humein to khushiyon ko badhana hai.
E-mail
askus@rmoneyindia.com
Customer Care
+91-9568654321




