The maximum value per order is ₹10 crore for equity segment as per Zerodha’s risk management policy. Orders that exceed these limits are rejected. The error is displayed when a buy or sell order of a value of more than ₹10 crore is being placed.
How can the error be avoided
- Place orders with an order value less than or equal to ₹10 Crore.
- Place multiple orders using the sticky order window.
- Place the order using Iceberg, through which larger orders can be broken into smaller orders.
- Place multiple orders using the basket order feature.