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Can anyone please suggest is there any interest charges on collateral margin? If yes, what is the interest charges on collateral margin? Example: if i p and take collateral margin 1Lk how much charges

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Ankit Singh
Ankit Singh

There no interest charges on collateral margin, pledging and unpledge are also free of cost.

Prem Kumar Mudivarthi
Prem Kumar Mudivarthi

Thank you @Ankit Singh 

Vanshika Singh
Vanshika Singh FYERS TEAM

Hey @Prem Kumar Mudivarthi,

There is no interest levied on collaterals. In fact, it is not recommended to go for such brokers who do. Why? We have a detailed answer to this. Kindly go through this thread

The cost for pledge/unpledge is ZERO w.e.f. 1st March 2021. 

You can refer to our Support Article for more details. 

Hope this helps!

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