What is NRML in Zerodha?

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NRML in Zerodha stands for NORMAL orders. NRML is a product code used for overnight trading of Futures & options and Currency.

When you use the NRML product type, you do not get any excess leverage for trading. The trades with NRML code do not get auto-squared off unlike, the Intraday orders.

NRML is very similar to CNC. CNC is for delivery-based trading of Equity whereas, NRML is for delivery-based trading of futures and options and currency.

Topic: Zerodha Order Types and Product Types Explained Article

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