

Eg: If you want to buy shares worth ₹1 lakh then you must have ₹20K margin cash in your trading account & the balance of ₹80K to be paid within 2 days.
{1/5}

You can keep extra cash / or can pledge your other holdings for the stipulated margin required.
{2/5}

Shares bought today cannot be sold tomorrow.
Eg: If you bought shares on Monday then you can sell those shares only after recieving the delivery of shares in your demat account i.e. you can sell on T+2 day, Wednesday.
{3/5}

Eg: If you sold shares from your holdings today, you cannot use the funds today to buy new shares.
{4/5}

The new rules will be applicable from tomorrow i.e. 1st of September 2020.
Brokers will work towards implementing the same with immediate effect.
Plan you trades accordingly

{5/5}
Here's the official circular issued by SEBI 
Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments.
Date: 20-Jul-2020
No.: SEBI/HO/MRD2/DCAP/CIR/P/2020/127
https://www.sebi.gov.in/legal/circulars/jul-2020/framework-to-enable-verification-of-upfront-collection-of-margins-from-clients-in-cash-and-derivatives-segments_47101.html

Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments.
Date: 20-Jul-2020
No.: SEBI/HO/MRD2/DCAP/CIR/P/2020/127
https://www.sebi.gov.in/legal/circulars/jul-2020/framework-to-enable-verification-of-upfront-collection-of-margins-from-clients-in-cash-and-derivatives-segments_47101.html

As per the SEBI circular, 20% of trade value has to be collected upfront before a trade, even for an intraday trade.
This essentially means that the maximum intraday leverage that can be provided for stocks is 20% of trade value or 5 times.