MIS:

Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O, and Intraday Commodity Trading. Using the MIS product code you will get an intraday leverage between 3 to 10 times based on what stock you are trading.

CNC:

Cash and Carry (CNC) is used for delivery based trading of equity.

NRML:

NRML or the Normal Margin (Full Form of NRML) order is used for carry forward trades in the derivative segment. For example if somebody wishes to buy Nifty futures/Options and sell in after a few days he can do so using the NRML product type.

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