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What will be the interest calculation?
Interest will be charged on the total debit amount in your trading account. In case if you have sufficient credit under normal segment to cover margin trading debit, no interest will be charged to you. Currently we are charging 0.03% per day up to 50% of margin utilized in intraday trading. For carry forward position in the derivative segment the rate of interest will be 0.04% per day to the extent of cash requirement which is 50% of total margin. For holding the shares till T+5 day’s we will charge interest rate of 0.05% per day .
Last updated: A Year Ago
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Pledge And Margin
What is the process for pledging shares?- How do I unpledge my shares?
- What are the charges for pledge and unpledge?
- How long does it take to receive limits after pledging?
- How can I check my pledged shares?
- Can I sell shares that are pledged?
- Why have I received less margin when I pledge my shares?
- What is the margin requirement to take an intraday position?
- What is Margin? And what are the types of margin?
- How is a margin statement helpful?
